A town's main bank branch is closed for two days after a burst water pipe damages the building. Mei runs a florist near the branch and normally pays cash in...
Question 1 Report
A town's main bank branch is closed for two days after a burst water pipe damages the building. Mei runs a florist near the branch and normally pays cash into her business account each afternoon. Her bank has an internet banking service and a night safe deposit facility.
(a) State one service Mei could use to check her bank balance while the branch is closed. [1]
(b) Give one reason why Mei should not keep several days of business cash at the shop. [1]
Answer Details
(a) Mei can use internet banking to check her balance while the branch is closed. A banking app or telephone banking would also be acceptable. [1]
(b) She should not keep several days of cash at the shop because it could be stolen. It could also be lost or damaged, so it is less secure than depositing it. [1]
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