For Effective Internal Control, the Billing Function Should Be Performed

question 49

Multiple Choice

For effective internal control, the billing function should be performed by the:

• A)credit and collection department.
• B)sales department.
• C)shipping department.
• D)accounting department.

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Definitions:

Strategic Objectives

Goals set by an organization to guide its direction and achieve long-term success.

Strategic Initiatives

Planned actions aligned with a company's long-term goals to drive growth, operational efficiency, or competitive advantage.

Strategic Initiatives

Projects or plans undertaken by an organization aimed at achieving its long-term goals.

Strategic Objectives

Goals set by a business to guide its long-term direction and performance.