Stop and Shop Asset Protection Oral Board Practice Exam 2025 – Comprehensive All-in-One Guide to Master Your Exam!

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What does a cashier verify when handling a cashier check?

Customer's purchase history

Customer's I.D

When handling a cashier's check, the primary responsibility of a cashier is to verify the customer's identification. This step is critical because a cashier's check is a secure payment instrument that can be used to make significant transactions. By confirming the identity of the customer, the cashier ensures that the check is being cashed or deposited by the rightful owner, thereby reducing the risk of fraud and protecting the financial institution from potential losses.

Verifying the customer's identity also helps maintain compliance with legal regulations regarding money laundering and other financial crimes. In many cases, financial institutions are required to adhere to Know Your Customer (KYC) regulations, which mandate that they verify the identity of clients involved in financial transactions.

The other aspects mentioned, such as customer purchase history, product prices, or cashier's register balance, are not directly related to the processing of a cashier's check. They may pertain to different parts of the cashier’s responsibilities but do not encompass the critical verification that is necessary when dealing with cashier's checks.

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Product prices

Cashier's register balance

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