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Business strategy
How can businesses handle their physical cash.
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[QUOTE="Mikes smithen, post: 345808, member: 90053"] Obviously not every businesses today have definitely adopted the cashless system which involves the use of credit card for the transaction of money. Some businesses still operates on the physical giving of cash for goods and services and majority of these businesses may become subject to armed robbery. However the proper way in which businesses can handle physical cash is by entrusting it to a qualified and sincere individuals who can never fail the business. They must also be what is known as segregation of duties which involves the delegation of activities especially cash handling activities to more than one individuals so that fraudulent activities can be minimized and integrity increased. [/QUOTE]
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