Which Internal Control(s)would You Recommend to Prevent the Following Situations

question 54

Essay

Which internal control(s)would you recommend to prevent the following situations from occurring?
a.While entering the details about a large credit sale,a clerk mistakenly typed in a nonexistent account number.Consequently,the company never received the payment from this customer.
b.A customer filled in a wrong account number on the remittance advice.Consequently,a clerk entered the same number into the system,and the payment was credited to another customer's account.
c.After processing a large sales transaction,the inventory records showed negative quantities on hand for several items.

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Definitions:

Sexual Excitement

A state of arousal and anticipation towards sexual activity.

Stimulant Drugs

Substances that increase alertness, attention, and energy by elevating the levels of key chemicals in the brain and other parts of the body.

AIDS Virus

Incorrectly specified key term, the correct term is Human Immunodeficiency Virus (HIV) which causes Acquired Immunodeficiency Syndrome (AIDS).

Anal Intercourse

A form of sexual activity involving stimulation of the anal region.