To determine that sales are accurately recorded, the unit prices on the duplicate sales invoices are normally compared with:
A) an approved price list.
B) the amounts posted to the customer's account in the accounts receivable master file.
C) the original invoices.
D) the amounts recorded in the sales journal for that transaction.

Question

Quizplus · Accepted Answer

Comparing unit prices on sales invoices with an approved price list helps ensure that prices charged to customers are accurate and valid. Comparing to the other options listed may help identify errors or discrepancies, but may not necessarily confirm the accuracy of sales records.

To Determine That Sales Are Accurately Recorded, the Unit Prices