Who must be present for effective safeguarding when cash assets are temporarily accessed?

The requirement for effective safeguarding of cash assets emphasizes the importance of having someone in a supervisory role present during the temporary access of these assets. The Activity Manager or their designee plays a critical role in ensuring that proper procedures are followed and that any transaction is monitored for accuracy and compliance with established policies.

This oversight helps prevent potential discrepancies or fraudulent activities and ensures accountability for the handling of cash. The presence of the Activity Manager or designee serves as a control measure, reinforcing the integrity of the cash management process and ensuring that all actions taken with the cash are authorized and documented appropriately.

While other roles such as the designated cashier, security officer, or financial auditor are important in their respective functions, they do not carry the same level of oversight responsibility when it comes to the immediate safeguarding and management of cash assets during temporary access situations. Thus, having the Activity Manager or their designated representative present is crucial for maintaining effective control over cash handling.