Business, 11.12.2019 01:31 vernelljordon

Which of the following represents a potential control weakness with respect to the valuation of accounts receivable.
group of answer choices
a. trade credit standards are reviewed and approved by the finance committee of the board of directors.
b. an authorized signature from the credit department is required for all credit sales orders.
c. customers not meeting trade credit standards are shipped merchandise on a cash on delivery (cod) basis only.
d. salespeople are responsible for evauating and monitoring the financial condition of prospective and continuing customers.

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Which of the following represents a potential control weakness with respect to the valuation of acco...

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