Handling Cash
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A mutilated note is one that is not clearly more than one-half of the original note and/or in such condition that the value is questionable and special examination is required to determine its value.
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True
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False
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This quiz measures test taker's ability to recognize features of US currency, to arrange cash drawer, and to count cash correctly.
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- 2.
What is a hand-in-hand method?
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IT REFERS TO A HANDSHAKE THAT TELLER GIVES TO A CUSTOMER.
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IT REFERS TO COUNTING PREPACKAGED MONEY RECEIVED FROM THE VAULT.
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IT INVOLVES COUNTING CASH THAT IS IN TELLER'S HANDS AS HE/SHE PLACES IT BILL BY BILL ONTO A COUNTER OR TABLE.
Correct Answer
A. IT INVOLVES COUNTING CASH THAT IS IN TELLER'S HANDS AS HE/SHE PLACES IT BILL BY BILL ONTO A COUNTER OR TABLE. -
- 3.
The security thread can be seen on either side of the bill by holding it up to the light.
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True
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False
Correct Answer
A. True -
- 4.
Where do you store excess cash that exceeds the working cash drawer limit?
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On a teller's desk usually above the cash drawer.
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In a teller’s working cash vault (or cash reserve) often kept below the working cash drawer.
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As you get excess cash during the day, you gradually store it in the bank's overnight vault.
Correct Answer
A. In a teller’s working cash vault (or cash reserve) often kept below the working cash drawer. -
- 5.
Where does the watermark appear?
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On the right of the portrait on the face of the bill.
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On the left of the portrait on the face of the bill.
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On the back of the bill.
Correct Answer
A. On the right of the portrait on the face of the bill. -
- 6.
Why do banks strap currency?
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There is no special purpose. It is merely a habit.
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To keep the cash vaults and bank overnight vault organized.
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To help bank employees count currency quickly.
Correct Answer
A. To help bank employees count currency quickly. -
- 7.
While dealing with a counterfit currency, you should never:
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Credit the customer’s account or substitute a new bill. The customer, not the bank, must accept the loss.
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Give the customer a receipt for the bill, list the face amount, and the serial number of the bill in question.
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Complete a written report for the Treasury Department and send the report and bill to the Secret Service for investigation.
Correct Answer
A. Credit the customer’s account or substitute a new bill. The customer, not the bank, must accept the loss. -
- 8.
Where do you find the security thread?
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Face of the bill.
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Back of the bill.
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Both sides.
Correct Answer
A. Face of the bill. -
- 9.
US currency is printed by the Department of Treasury of the United States of America.
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True
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False
Correct Answer
A. False -
- 10.
All bills of all denominations have on one side printed the portrait of a specific famous American and on the other side historically significant national building.
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True
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False
Correct Answer
A. False -
Quiz Review Timeline (Updated): Mar 15, 2022 +
Our quizzes are rigorously reviewed, monitored and continuously updated by our expert board to maintain accuracy, relevance, and timeliness.
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Current Version
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Mar 15, 2022Quiz Edited by
ProProfs Editorial Team -
Jun 09, 2012Quiz Created by
Sarka
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