asked 116k views
2 votes
Who is authorized to draw exchange-for-cash checks for procurement of cash necessary to meet authorized requirements?

asked
User Tzachs
by
8.1k points

1 Answer

7 votes

Final answer:

The authority to draw exchange-for-cash checks comes from appropriations made by law. Only designated officers or authorized personnel can issue such checks to ensure transparency and adherence to legal procedures.

Step-by-step explanation:

The authority to draw exchange-for-cash checks for the procurement of cash required to meet authorized transactions derives from appropriations made by law. According to the principles laid out in the provided information, no money can be withdrawn from the Treasury without such legal appropriations. Moreover, a regular statement and account of the receipts and expenditures of all public money must be published periodically to maintain transparency. These safeguards ensure that all treasury transactions are done following legal procedures, which usually means that the officers designated by law or other authorized personnel can issue such checks.

answered
User Ersefuril
by
8.2k points
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