For effective internal control,the billing function should not be performed by the: A)Sales department. B)Accounting department. C)Finance department. D)Information Processing department.

Question

Quizplus · Accepted Answer

The sales department is responsible for generating sales and revenue, therefore it would be a conflict of interest for them to also be responsible for billing and collecting payments. This could lead to a higher risk of errors, fraud, and misappropriation of funds. It is best to separate these functions to ensure proper internal controls and minimize the risk of financial irregularities.

For Effective Internal Control,the Billing Function Should not Be Performed