Which of the Following Is NOT a Key Issue in Controlling

question 95

Multiple Choice

Which of the following is NOT a key issue in controlling and managing receivables?

• A)Pursue collection from customers to maximise cash flow.
• B)Separate the responsibility for custody and protection of inventory assets from the accounting for inventory assets.
• C)Extend credit only to customers who are most likely to pay.
• D)Separate cash- handling, credit, and accounting duties to keep employees from stealing cash collected from customers.

---

Definitions:

Metric Drawings

Engineering or technical drawings in which dimensions and measurements are indicated using the metric system, typically millimeters (mm) or meters (m).

Millimeters

A unit of length in the metric system equal to one thousandth of a meter, commonly used worldwide for many measurements.

Lettering

The practice of adding textual information, such as notes and dimensions, to engineering drawings in a standardized manner.

Pictorial Drawing

A type of drawing that represents three dimensions of an object in one view, providing a realistic view of an object, making it easier to understand its shape and features.