How often do activity managers make deposits to the central cashier or financial institution to keep cash on hand to a minimum?

Enhance your skills for the AFSC 3F151 – Services Journeyman Test. Study with interactive flashcards and multiple choice questions. Get proper hints and explanations. Ace your exam with confidence!

Activity managers typically make deposits to the central cashier or financial institution on a daily basis to ensure that the amount of cash on hand is kept to a minimum. This practice is essential in maintaining security and reducing the risk of theft or loss associated with holding large sums of cash. Daily deposits help manage cash flow effectively and ensure that the funds are properly accounted for in a timely manner. This frequent deposit process is standard for activities that involve daily transactions, as it aids in maintaining financial integrity and ensures sufficient resources are available for operational needs.

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