For Which of the Following Accounts Receivable Customer Populations Would

question 74

Multiple Choice

For which of the following accounts receivable customer populations would the use of negative confirmations be most appropriate?

• A)A retail truck and trailer sales company with high inherent risk and moderate control risk over the revenue cycle.
• B)A utility company with control risk over the revenue cycle assessed high.
• C)A mortgage banking company with excellent control over the purchasing cycle.
• D)A cable company with control risk over the revenue cycle assessed low.

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Definitions:

Tetrads

Groups of four chromatids formed by the pairing of two homologous chromosomes during meiosis.

M Phase

That part of the cell cycle in which mitosis and cytokinesis occur.

Cytokinesis

The process during cell division in which the cytoplasm of a single eukaryotic cell is divided into two daughter cells.

Meiosis I

The first meiotic division; consists of prophase I, metaphase I, anaphase I, and telophase I; see meiosis.