Which of the following controls most likely would be effective in offsetting the tendency of sales personnel to maximize sales volume at the expense of high bad debt write-offs?
A. Employees responsible for authorizing sales and bad debt write-offs are denied access to cash.
B. Shipping documents and sales invoices are matched by an employee who does not have authority to write-off bad debts.
C. Employees involved in the credit-granting function are separated from the sales function.
D. Subsidiary accounts receivable records are reconciled to the control account by an employee independent of the authorization of credit.
C. Employees involved in the credit-granting function are separated from the sales function.
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____________________ and ____________________ have claims to an entity's economic resources
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Which of the following is most likely to be successful when introduced in foreign markets as a straight extension?
A) laundry detergent B) khaki pants C) dessert mixes D) digital camera E) condensed soup
________ refers to consumer or other respondent panels that are set up by marketing research companies for the explicit purpose of conducting online surveys with representative samples
A) Random online intercept sampling B) Invitation online sampling C) Online panel sampling D) Systematic online sampling E) Snowball sampling
Over sufficiently long periods, _________________________ equals free cash flows to common equity
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