INTRO MGRL ACCT LL W CONNECT
INTRO MGRL ACCT LL W CONNECT
8th Edition
ISBN: 9781266376771
Author: BREWER
Publisher: MCG
Question
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Chapter P, Problem 18Q
To determine

Credit sale is a normal activity is all businesses, but at the same time it is subject to some sort of mistakes and manipulation. This activity needs appropriate internal control to check these mistakes and manipulations.

To Identify: Internal controls to be implemented to help maintain control of credit sale and accounts receivable.

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Students have asked these similar questions
What internal controls would you implement to help maintain control of your credit sales and accounts receivable?
What is the objective of having a control system and what is the key points of a credit control system?
Why should cash receipts and sales to credit clients be documented and reported immediately?
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