Oops! Revisit the relevant guidelines.
Explanation: Keeping petty cash in a locked container is a fundamental internal control practice. It limits access to a designated custodian, creates accountability, and significantly reduces the risk of theft or unauthorized use of funds. It ensures that all disbursements are properly tracked and recorded.
- A. To make it easier for staff to access: Incorrect. The purpose is to restrict access, not make it easier.
- B. To prevent use by patients: Incorrect. While it achieves this, the primary reason is to prevent theft by anyone, including staff.
- C. To ensure security and reduce theft risk: Correct. This is the main purpose of securing petty cash.
- D. To increase daily spending: Incorrect. Locking the cash is meant to control and limit spending to authorized purchases.