You are the Executive Director of an NPO, preparing to host an annual fundraising gala. A member of your Board asks you to ensure the appropriate financial controls are in place for the event. Participants must purchase their event tickets in advance, and orders are placed online. The online ordering system requires participants to pay for their tickets with a credit card.

What can the organization do to ensure solid financial controls are in place? $($select the best option$)$

Store credit card numbers on site and ensure only volunteers in the Finance Department have access to the credit card details

Outsource credit card processing to a creditable, well$-$established third party $($for example $-$ Moneris$)$

Allow participants to pay cash at the door