All deposits should be accounted for at the end of what period as policy dictates?

• A. Shift day
• B. Shift
• C. Week
• D. Month

Answer: (A)

End of the shift day is the period that keeps cash handling responsibilities clear and verifiable. Reconciliation is most reliable when deposits are tallied and recorded every day, right after the shift’s activities are completed. This creates a consistent, auditable boundary: all money collected during that day is accounted for before the next team begins, reducing the chance of miscounts, losses, or mispostings and making handoffs between staff smooth and traceable.

Waiting until the end of a longer period, like a week or a month, delays detection of discrepancies and makes it harder to match deposits to specific transactions or staff. A well-defined daily boundary—the shift day—aligns with how cash is handled in real time and supports tighter internal controls.