Examlex
Which of the following is a type of detective control?
Cash Collections
The process of gathering all monies owed to a company by its customers, reflecting inflow of cash.
Master Budget
An integrated set of financial plans that outlines a company’s financial and operational goals for a specific period, including various component budgets like sales, production, and cash budgets.
Finished Goods Inventory
The total value of all completed products that have not yet been sold by the company.
Direct Labor
The cost of wages for employees who are directly involved in the production of goods or the provision of services.
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