Identify the steps in preparing and making a bank deposit.
Identification should include the following:
- Completing a deposit slip.
- Calculating the amounts of cash, coins, and checks.
- Endorsing checks.
- Reviewing all checks and money orders for accuracy.
- Calculating the total deposit.
- Obtaining a deposit receipt.
- non-sufficient funds (NSF) status
- collection agency transaction
- credit balance
- third-party payments.
- What information is included on a bank deposit slip? Why is accuracy important in each area?
- What are safety issues to consider when handling large sums of money?
- What ethical issues are involved with handling large sums of money?
Related Standards of Learning
The student will read, interpret, analyze, and evaluate a variety of nonfiction texts including employment documents and technical writing.
- Apply information from texts to clarify understanding of concepts.
- Read and correctly interpret an application for employment, workplace documents, or an application for college admission.
- Analyze technical writing for clarity.
- Paraphrase and synthesize ideas within and between texts.
- Draw conclusions and make inferences on explicit and implied information using textual support.
- Analyze multiple texts addressing the same topic to determine how authors reach similar or different conclusions.
- Analyze false premises, claims, counterclaims, and other evidence in persuasive writing.
- Recognize and analyze use of ambiguity, contradiction, paradox, irony, sarcasm, overstatement, and understatement in text.
- Generate and respond logically to literal, inferential, evaluative, synthesizing, and critical thinking questions about the text(s).