Information processing controls specific to credit sales transactions include
A) proper authorization.
B) documents and records.
C) independent checks.
D) all of the above

Question

Quizplus · Accepted Answer

Proper authorization, documents and records, and independent checks are all essential information processing controls for credit sales transactions. Proper authorization involves ensuring that only authorized personnel have access to the credit sales system and that appropriate approvals are obtained for credit sales transactions. Documents and records ensure that all transactions are properly recorded and documented, while independent checks help to verify the accuracy and completeness of the transaction data. Therefore, all of the above options are necessary controls for credit sales transactions.

Information Processing Controls Specific to Credit Sales Transactions Include