Red Flags: Multiple Cashiers Operating from a Single Cash Drawer | ACFE Exam

Red Flags: Multiple Cashiers Operating from a Single Cash Drawer

Question

Multiple cashiers operate from a single cash drawer without separate access codes is a red flag for:

Answers

Explanations

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A. B. C. D.

C

The correct answer is C. Register scheme.

A register scheme involves the manipulation of cash register transactions. The scheme usually involves collusion between employees and involves the theft of cash from the till or register. Multiple cashiers operating from a single cash drawer without separate access codes is a red flag for a register scheme. This setup allows for more opportunities for collusion and theft.

Separate access codes for cashiers help to track the transactions made by each individual and can also help to prevent collusion. Without separate access codes, it can be difficult to identify which cashier is responsible for a particular transaction or discrepancy in the cash drawer. It also makes it easier for employees to collaborate and cover up fraudulent activity.

Therefore, a register scheme can be facilitated by allowing multiple cashiers to operate from a single cash drawer without separate access codes. This red flag suggests that further investigation is necessary to determine if a register scheme is indeed occurring.