Which of the Following Internal Control Activities Most Likely Would

question 12

Multiple Choice

Which of the following internal control activities most likely would ensure that all billed sales are correctly posted to the accounts receivable ledger?

• A)Daily sales summaries are compared to daily postings to the accounts receivable ledger.
• B)Each sales invoice is supported by a prenumbered shipping document.
• C)The accounts receivable ledger is reconciled daily to the control account in the general ledger.
• D)Each shipment on credit is supported by a prenumbered sales invoice.

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Definitions:

Cognitions

Mental actions or processes involved in acquiring knowledge and understanding through thought, experience, and the senses, including perceiving, believing, and decision-making.

Feelings

Feelings denote the emotional states or reactions that an individual experiences in response to internal or external events.

Ethnic Identity

A person's sense of identity concerning their belonging to a specific ethnic group, often associated with a shared culture, ancestry, language, and other social attributes.

Identity Formation

The development of a distinct personality or self-concept that integrates various roles, attitudes, skills, and beliefs.