For the revenue cycle, state two specific independent verifications that should be performed
shipping verifies that the goods sent from the warehouse are correct in type and quantity;
billing reconciles the shipping notice with the sales order to ensure that customers are billed only for the quantities shipped;
general ledger reconciles journal vouchers submitted by the billing department (sales journal), inventory control (inventory subsidiary ledger), and cash receipts (cash receipts journal)
treasurer determines that all cash received got to the bank
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The responsibility for the preparation and integrity of financial statements rests with management
Indicate whether the statement is true or false
An employee being green is regarded as ethical behavior because
An improvement in quality must necessarily increase costs
Indicate whether the statement is true or false
A ________ is a strong stimulus that encourages action to reduce or satisfy a need.
A. motivation B. deed C. drive D. want E. desire