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Cash should be deposited weekly so it can be counted several times before being sent to the bank. True or False.

1) True
2) False

1 Answer

1 vote

Final answer:

False. The statement “Cash should be deposited weekly so it can be counted several times before being sent to the bank” is false. Banks offer services like cash counting machines and trained personnel to ensure the accuracy of cash deposits.

Step-by-step explanation:

The statement “Cash should be deposited weekly so it can be counted several times before being sent to the bank” is False. While it may be a good practice to count cash multiple times for accuracy, it is not necessary to deposit it weekly. Banks offer services like cash counting machines and trained personnel to ensure the accuracy of cash deposits. Depositing cash as frequently as needed and counting it once should be sufficient.

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