Julia's Cookies Has Identified the Following Cash Receipt Control Activity

Julia's Cookies has identified the following cash receipt control activity risk: "Cash discounts taken by customers that are incorrect may result in loss of profit and future cash receipts." Choose from the list of control activities below one of the appropriate control activities for this risk statement.

A) Automated calculation of discounts
B) Deposit checks received in the mail daily.
C) Regular independent bank reconciliations with management review
D) Perform independent check of remittance advices from customers against daily remittance list