Controls over the allowance for doubtful accounts include controls over all of the following except:
A) granting of credit
B) comparison of balances plus orders to credit limits
C) follow-up on past due receivables
D) accurance of aging
E) all of the above

Question

Quizplus · Accepted Answer

The allowance for doubtful accounts specifically deals with estimating uncollectible accounts, not directly with granting credit, comparing balances to credit limits, or following up on past due receivables.

Controls Over the Allowance for Doubtful Accounts Include Controls Over