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Which of the Following Internal Control Procedures Is Most Likely

Question 14

Multiple Choice

Which of the following internal control procedures is most likely to ensure that all billed sales are correctly posted to the accounts receivable subsidiary ledger?


A) Daily sales summaries are compared to daily postings to the accounts receivable subsidiary ledger.
B) Each sales invoice is supported by a pre-numbered shipping document.
C) The accounts receivable subsidiary ledger is reconciled daily to the control account in the general ledger.
D) Each shipment on credit is supported by a pre-numbered sales invoice.

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