Tracing Copies of Computer-Generated Sales Invoices to Copies of the Corresponding

question 9

Multiple Choice

Tracing copies of computer-generated sales invoices to copies of the corresponding computer-generated shipping documents provides evidence that:

• A)Shipments to customers were properly billed.
• B)Entries in the accounts receivable subsidiary ledger were for sales actually shipped.
• C)Sales billed to customers were actually shipped.
• D)No duplicate shipments to customers were made.

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Definitions:

Operating Expenses

Costs associated with the day-to-day operations of a business, excluding costs linked to production or direct labor.

Industry Benchmark Information

Comparative data by which a company can measure its performance against that of other companies within the same industry.

Statistics Canada

Statistics Canada is the national statistical office of Canada, responsible for producing data on the Canadian economy, society, and environment that aids in informed decision-making.

Dun & Bradstreet Canada

A branch of the global corporation Dun & Bradstreet that specializes in providing commercial data, analytics, and insights for businesses in Canada.