Good Internal Controls Over the Write-Off of Uncollectible Accounts ________

question 101

Multiple Choice

Good internal controls over the write-off of uncollectible accounts ________.

• A)are optional if the company is smaller in size
• B)are typically expensive and cumbersome to implement
• C)are important to prevent write-offs from being used to conceal fraud in processing cash receipts
• D)are less important if accounts receivable are outsourced

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