Assuring that the accounts receivable master data reflects all cash collections recorded in the cash receipts event data addresses the control goal of:
A) ensure input accuracy
B) ensure input completeness
C) ensure update accuracy
D) ensure update completeness

Question

Quizplus · Accepted Answer

The control goal of ensuring that the accounts receivable master data reflects all cash collections recorded in the cash receipts event data relates to update completeness, as it aims to ensure that all relevant updates are made to the master data. This control is important to maintain accurate and up-to-date accounts receivables records.

Assuring That the Accounts Receivable Master Data Reflects All Cash