To Ensure That All Credit Sales Transactions of an Entity

question 64

Multiple Choice

To ensure that all credit sales transactions of an entity are recorded, which of the following controls would be most effective?

• A)On a monthly basis, the accounting department supervisor reconciles the accounts receivable subsidiary ledger to the accounts receivable control account.
• B)The supervisor of the accounting department investigates any account balance differences reported by customers.
• C)The supervisor of the billing department sends copies of approved sales orders to the credit department for comparison of authorized credit limits and current customer balances
• D)The supervisor of the billing department matches prenumbered shipping documents with entries recorded in the sale journal.

---

Definitions:

Employment Success

The achievement of career goals and attainment of stability and satisfaction in one's professional life, often measured by promotions, salary increases, and occupational fulfillment.

Hypothesis

A proposed explanation made on the basis of limited evidence as a starting point for further investigation.

Naturalistic Observation

A study technique where participants are watched in their usual environment with no intervention by the investigator.

Social Skills

The abilities required to communicate, interact, and form relationships with others effectively and appropriately.