Kind of depends on how you are organized and how much $$ you handle. One local club I know could lose it all and not be out 500 bucks. At that point I wouldn't worry about it. The organization I'm an officer on routinely deals in 5 figures, so at that level it is more important to have controls in place. And we are a 501(c)(3) so our biannual state report needs to reflect accepted accounting practices which includes two signatures.
When we grew to that point some worried the existing long time treasurer would be offended to have his honesty questioned by changing to two signatures. There was absolutely no doubt he was 100% accurate, I'd trust him with my billfold. But I met with him privately and simply said this change is as much for your protection as the club's. Who's to say some hacker doesn't get into the account and take money, if you're the only one on it you stand your defense alone. If we have the board on the account, we all stand together. He'd never thought of it that way and welcomed the change.
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Today's Featured Article - Identifying Tractor Smells - by Curtis Von Fange. We are continuing our series on learning to talk the language of our tractor. Since we can’t actually talk to our tractors, though some of the older sect of farmers might disagree, we use our five physical senses to observe and construe what our iron age friends are trying to tell us. We have already talked about some of the colors the unit might leave as clues to its well-being. Now we are going to use our noses to diagnose particular smells. ELECTRICAL SMELLS
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