How many of these are internal controls relating to accounts receivable?
$\bullet$Bad debts write-offs are authorised by a responsible officer.
$\bullet$All cash receipts are stored in a locked safe.
$\bullet$Monthly statements of account are sent to customers.

Question

Quizplus · Accepted Answer

Two of the controls relate to accounts receivable: 
1. Bad debts write-offs are authorised by a responsible officer. 
2. Monthly statements of account are sent to customers. 
The control about storing cash receipts in a locked safe is not directly related to accounts receivable.

How Many of These Are Internal Controls Relating to Accounts ∙\bullet∙

How Many of These Are Internal Controls Relating to Accounts $\bullet$