An Example of Good Internal Control Over Accounts Receivable Is

question 87

Multiple Choice

An example of good internal control over Accounts Receivable is:

• A)the employee who handles the daily cash receipts also records Accounts Receivable transactions.
• B)the employee who opens the mail is also in charge of recording Accounts Receivable.
• C)there are separate employees for cash-handling and cash-accounting duties.
• D)All of the above are examples of good internal controls.

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Definitions:

Boston Massacre

A confrontation on March 5, 1770, in which British soldiers killed five civilian men in Boston, escalating tensions that led to the American Revolutionary War.

British Soldiers

Members of the United Kingdom's military service historically involved in various global conflicts and peacekeeping missions.

Thomas Jefferson

The third President of the United States (1801-1809), principal author of the Declaration of Independence (1776), and one of the most influential Founding Fathers for his promotion of the ideals of republicanism in the United States.

John Adams

The second President of the United States (1797-1801), a Founding Father who played a leading role in independence from Britain and the drafting of the U.S. Constitution.