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
Correct Answer:
Verified
Q46: The printer ran out of preprinted sales
Q47: Which document is included with a shipment
Q48: Customers should be billed for back-orders when
A)the
Q49: At which point is supervision most critical
Q50: The most effective internal control procedure to
Q52: Good internal controls in the revenue cycle
Q53: Which situation indicates a weak internal control
Q54: A remittance advice is
A)used to increase (debit)
Q55: The billing department is not responsible for
A)updating
Q56: An advantage of real-time processing of sales
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