Consider the following statements as you answer the question:
i.Felix, a cash receipts clerk, applied Allison's payment to the invoices indicated on her remittance advice.ii.In purchasing books, Allison filled out a form on a bookstore's web site.iii.The bookstore's web site verified Allison's credit limit.iv.William, a warehouse worker, prepared Allison's books for shipment.The bookstore may need to complete the last step of the sales/collection process because:
A)It took Allison's order online.
B)It uses the open invoice method of processing receivables.
C)It does not outsource credit approval to a third party.
D)It has inadequate separation of duties.

Question

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The Answer of Consider the following statements as you answer the question:
i.Felix, a cash receipts clerk, applied Allison's payment to the invoices indicated on her remittance advice.ii.In purchasing books, Allison filled out a form on a bookstore's web site.iii.The bookstore's web site verified Allison's credit limit.iv.William, a warehouse worker, prepared Allison's books for shipment.The bookstore may need to complete the last step of the sales/collection process because:
A)It took Allison's order online.
B)It uses the open invoice method of processing receivables.
C)It does not outsource credit approval to a third party.
D)It has inadequate separation of duties.

Consider the Following Statements as You Answer the Question