Treasurer Training Quiz

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* 1. Please answer all the questions below so you are given credit for completing the training.

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* 2. The Service Unit Treasurer is appointed by and responsible to the __________________________.

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* 3. Treasurers are responsible for ensuring the appropriate accounting of all service unit funds.

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* 4. Treasurers are responsible for opening accounts for the service unit if the need arises and should use the Financial Guidelines to ensure they are doing so correctly.

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* 5. The funds in the service unit accounts should be spent to benefit all of the people below except:

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* 6. Treasurers MUST complete a Detailed Cash Record for all service unit accounts, with bank statements and receipts, and turn it into the Auditor _________________.

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* 7. Treasurers must provide financial reports to the service unit and volunteers ___________________.

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* 8. The checkbook and bank statements should always be available for service team members and volunteers to access and review.

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* 9. The checkbook should be balanced with the bank statements __________________________.

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* 10. Treasurers are responsible for handling all the deposits and payments of invoices for the service unit.

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* 11. Treasurers can be signers on troop bank accounts.

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* 12. The Treasurer and Auditor should be separate people so that a ________________ and ______________ system is in place.

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* 13. When is the Loan/Financial Assistance application to be used?

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* 14. Financial assistance is used for individual members and is not expected to be repaid.

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* 15. Loans are used for troops and are to be repaid.

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* 16. Scholarship forms are for membership fees and any money repaid goes to help another member.

Thank you for completing your Treasurer Training Quiz. Your answers will be reviewed and notice of your completion of the quiz will be given to your Service Unit Manager.

If you have any questions, call Sue Rowe at 302-456-7171 or Tiffanie Chandler at 410-742-5107.

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