Which of the following is the best reason for prenumbering in sequence such documents as sales orders, shipping documents, and sales invoices?
A)Enables company personnel to determine the accuracy of each document.
B)Enables personnel to determine the proper period for recording of sales revenue and receivables.
C)Enables personnel to check the numerical sequence for missing documents and unrecorded transactions.
D)Enables personnel to determine the validity of recorded transactions.

Question

Quizplus · Accepted Answer

Prenumbering in sequence such documents helps personnel to check the numerical sequence for missing documents and unrecorded transactions. This can help prevent fraud and errors, as well as ensure that all transactions have been properly recorded. However, it may not necessarily enable personnel to determine the accuracy or validity of each document. The proper period for recording of sales revenue and receivables can usually be determined based on the terms of the sale and when the goods or services are delivered or performed.

Which of the Following Is the Best Reason for Prenumbering