Lesson 5 - Quiz

1. The preferred procedure for handling leftover buyback cash is:
   Placed in a locked bag and hand-carried back to MBS
   Deposit in a Bank of America or Commerce Bank
   Turn in for cashiers check payable to MBS
   All of the above
   
   
2. How many copies of the $ Analysis Display should be printed?
   1
   2
   3
   4
   
   
3. All paperwork from the buyback should be:
   Sent to MBS in a postage-paid envelope immediately upon the ending of the buy
   Held and given to the Rep when you see him/her
   Given to bookstore manager to process
   
   
4. Who completes the Bill of Lading and calls the trucking company?
   Rep in charge
   Bookstore Manager
   Lead Buyer
   
   
5. True or False: A mutual count of cartons daily should be agreed upon by both the bookstore manager and the lead buyer.
   True
   False
   
   
6. True or False: The bookstore manager should initial the $ Analysis Display.
   True
   False
   
   
7. True or False: The bookstore manager and the lead buyer must sign the Cash Control Sheet at the end of the buy.
   True
   False