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Cash Handling Policy 10.17.2019
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2019-11-05 10:00 AM - Commissioners' Agenda
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Cash Handling Policy 10.17.2019
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Last modified
10/31/2019 1:30:32 PM
Creation date
10/31/2019 1:29:57 PM
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Meeting
Date
11/5/2019
Meeting title
Commissioners' Agenda
Location
Commissioners' Auditorium
Address
205 West 5th Room 109 - Ellensburg
Meeting type
Regular
Meeting document type
Supporting documentation
Supplemental fields
Alpha Order
b
Item
Request to Approve the Kittitas County Cash Handling Policy and Credit Card Acceptance Policy
Order
2
Placement
Consent Agenda
Row ID
57663
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Seelíon 2-1:Glossarv <br />Altered Currency Currency that has been changed or tampered with in order to attain a greater <br />amount for the currency than its face value. <br />Bank Check Check drawn by a bank on itself and signed by an authorized officer. <br />Bank Money Order Check drawn by a bank on itself.The amount is encoded by the customer's bank, <br />and the customer completes the rest of the check.There is always a maximum <br />limit to the check amount. <br />Beginning Cash Cash in the handler's drawer at the start of the day or shift. <br />Cash Drawer Drawer used to store currency,coin and checks during cash handler's shift when <br />completing transactions.This drawer should be locked when the cash handler is <br />away for any reason. <br />Check Draft or order on a bank to be drawn upon deposit of funds for payment of a <br />certain sum of money to a person named or to a bear and payable on demand. <br />Cash Suspense Receipt Kittitas County documents that records revenue for a specific department. <br />Collusion A secret agreement between two or more people to break a law. <br />Counterfeit Currency or coins that have been fraudulently manufactured. <br />Creating counterfeit money is a felony.Makers are subject to fines and <br />imprisonment. <br />Deposits To leave money with a bank or the Treasurer's Office for credit to a bank <br />account or fund. <br />Deposit Slip Slip on which a depositor lists cash and items deposited. <br />Dual Control A situation in which two people work together cooperatively in the verification <br />of one another's work.Method of maintaining security whereby two individuals <br />must be present during transactions involving risk.Dual control is accomplished <br />through the proper segregation of key and combination assignments for entry <br />into secured areas. <br />Embezzlement A fraud committed when an employee steals or assists another to steal. <br />Fraudulent misappropriations of money or property entrusted to one's care. <br />Ending Cash Cash in a cash handler's drawer at the end of the day or shift. <br />Endorsement Signature placed on the back of a negotiable instrument according to law which <br />transfers the instrument to another party. <br />14
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