When turning over a deposit to the accounting department, asking them to count the money and sign for the deposit is:

When turning over a deposit to the accounting department, asking them to count the money and sign for the deposit is:

• A. Not Proper
• B. Proper
• C. Unclear
• D. Both

Answer: (B)

Internal controls for handling money rely on independent verification and a clear paper trail. When a deposit is turned over to the accounting department, having them count the cash and sign for it provides that verification, records the exact amount, and ensures the funds are deposited promptly. This separation of duties—receiving the money versus recording and depositing it—helps prevent errors or misappropriation and creates an auditable link between the physical cash and the accounting records. The signing shows receipt and responsibility for the funds, tying the cash to the deposit record. For these reasons, this is the proper procedure. It would be inappropriate to skip verification, and there’s no ambiguity in this process.

Internal controls for handling money rely on independent verification and a clear paper trail. When a deposit is turned over to the accounting department, having them count the cash and sign for it provides that verification, records the exact amount, and ensures the funds are deposited promptly. This separation of duties—receiving the money versus recording and depositing it—helps prevent errors or misappropriation and creates an auditable link between the physical cash and the accounting records. The signing shows receipt and responsibility for the funds, tying the cash to the deposit record. For these reasons, this is the proper procedure. It would be inappropriate to skip verification, and there’s no ambiguity in this process.