Auditing and Assurance Services 1st Edition by Iris Stuart

تمرين 30

Which of the following internal controls would most likely reduce write-offs of uncollectible accounts receivable a. Employees responsible for authorizing sales and charge-offs of uncollectible accounts receivable are denied access to cash.
B) Shipping documents and sales invoices are matched by an employee who does not have the authority to charge off uncollectible accounts receivable.
C) Employees involved in the credit-granting function are separated from the sales function.
D) Accounts receivable master file records are reconciled to the control account by an employee who is not involved in the credit-granting function.