What is the frequency of cash verification reviews mandated for Navy accounts?

The frequency of cash verification reviews mandated for Navy accounts is quarterly. This requirement ensures that financial operations are conducted with integrity and accuracy, allowing for regular oversight of cash management practices. By conducting these reviews every three months, the Navy can identify discrepancies or potential issues in financial reporting and cash handling on a timely basis. This frequency also aligns with standard accounting practices, which typically emphasize regular reconciliations to maintain financial accountability and transparency. Completing these reviews quarterly helps to safeguard assets and ensure compliance with financial regulations and policies that govern Navy operations.