Which control does not help to ensure that accurate records are kept of customer accounts and inventory?
A)reconcile accounts receivable control to accounts receivable subsidiary
B)authorize credit
C)segregate custody of inventory from record keeping
D)segregate record keeping duties of general ledger from accounts receivable

Question

Quizplus · Accepted Answer

While authorizing credit is an important control, it does not specifically address the issue of ensuring accurate records of customer accounts and inventory. The other options all directly address this issue, such as reconciling the accounts receivable control to the subsidiary, segregating custody of inventory from record keeping, and segregating record keeping duties of the general ledger from accounts receivable.

Which Control Does Not Help to Ensure That Accurate Records