Julia's Cookies has identified the following B2B sales contracts control activity risk: "Verbal agreements may result in a legally binding agreement with unfavorable outcomes." Choose from the list of control activities below one of the appropriate control activities for this risk statement.
A) Follow documented and authorized credit policies and procedures for all customers.
B) Review credit limits periodically and adjust if required.
C) Use standardized, authorized sales contracts that are legally enforceable.
D) Employee training covering appropriate and inappropriate wording when speaking with customers
Correct Answer:
Verified
Q28: _ are dependent on the customers' creditworthiness.
A)
Q29: The determination and recording of _, based
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Q38: Julia's Cookies has identified the following B2B
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