Which of the following internal control activities most likely would ensure that all billed sales are correctly posted to the accounts receivable ledger?
A)Daily sales summaries are compared to daily postings to the accounts receivable ledger.
B)Each sales invoice is supported by a prenumbered shipping document.
C)The accounts receivable ledger is reconciled daily to the control account in the general ledger.
D)Each shipment on credit is supported by a prenumbered sales invoice.

Question

Quizplus · Accepted Answer

Comparing daily sales summaries to daily postings to the accounts receivable ledger would ensure that all billed sales are correctly posted to the ledger. This would identify any discrepancies and allow for correction before the transactions are recorded. The other options provide controls for other aspects of the sales process, but do not directly address ensuring accurate posting to the accounts receivable ledger.

Which of the Following Internal Control Activities Most Likely Would