Which of the following is not a key control for sales and cash receipts?
A) active board of directors
B) adequate separation of duties
C) internal verification procedures
D) adequate documents and records

Question

Quizplus · Accepted Answer

While an active board of directors is important for ensuring overall control and governance of a company, it is not necessarily a specific control for sales and cash receipts. Adequate separation of duties, internal verification procedures, and adequate documents and records are all key controls in this area.

Which of the Following Is Not a Key Control for Sales