Who is responsible for collecting all funds for items sold at auction?

The auction cashier is the individual responsible for collecting all funds for items sold at an auction. This role is critical in the auction process as the cashier manages the financial transactions occurring throughout the event. The cashier checks the winning bids, processes payments, and ensures that all funds are accurately collected and recorded.

This responsibility includes handling various forms of payment, issuing receipts to buyers, and maintaining precise financial records during and after the auction. The auction cashier plays a key role in ensuring that the bidding process runs smoothly and that sellers receive their proceeds in a timely manner. Understanding the distinct functions of each role at an auction helps clarify the importance of the cashier in the overall process.