Business Technology

Mr. Bernstein

DECA, pp 92-99:Basic Housekeeping,

Policies and Policy Manuals

November 1, 2013

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Business TechnologyMr. Bernstein

Cash Drawer MaintenenceOpening cash fundsRecord bills and coins by denomination (see p 93)If opening cash is short, report this immediately to advisorPlan to have adequate changeHave a plan to buy change if neededClosing cash should equal opening cash plus sales (minus any cash

refunds approved by the advisor)If closing cash is short, report this immediately to advisorWorksheets for opening and closing cash are helpful

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Business TechnologyMr. Bernstein

PoliciesGeneral statements of intent about how to run your business

ProceduresProcesses or steps used in carrying out policies

Developing PoliciesReview day-to-day operationsCheck with competitionAsk customers

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Business TechnologyMr. Bernstein

Policy ManualDetails expectations of every employeeEach employee should receive a Policy ManualStore a manual near cash registerExceptions to policy should always be reported to

the advisor