Usually,specific authorization is required for all of the following except
A)sales on account which exceed the credit limit
B)sales of goods at the list price
C)a cash refund for goods returned without a receipt
D)write-off of an uncollectible account receivable

Question

Quizplus · Accepted Answer

Generally, sales at the list price do not require specific authorization as they are considered normal business operations. However, specific authorization is required for sales on account that exceed the credit limit, cash refunds for goods returned without a receipt, and write-off of an uncollectible account receivable.

Usually,specific Authorization Is Required for All of the Following Except