Which of the Following Is an Example of Exercise of Internal

question 52

Multiple Choice

Which of the following is an example of exercise of internal control over receivables?

• A)separate cash collection and credit allowance duties
• B)extend credit only to customers who are most likely to pay
• C)pursue collection from customers to maximize cash flow
• D)ensure quick recovery of accounts receivable

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Definitions:

Voltmeter

Device that measures the strength of electrical voltage by recording the difference in electrical potential between two points.

Current Meter

An instrument used for measuring the velocity and direction of water flow in rivers, streams, and oceans.

Patch Technique

A method in electrophysiology that involves sealing a tiny glass pipette onto a small patch of cell membrane to study ion channels.

Microelectrode

A very small electrode used to measure electrical activity in tissues such as the brain or muscles, often in neuroscience research.