It Has Been Discovered That Credit Sales Have Been Made

question 8

Multiple Choice

It has been discovered that credit sales have been made to customers with a poor credit rating.If this activity continues,the company may face uncollectible sales and losses due to bad debts.What applicable control procedure may help the company to gain control over this situation?

• A)separation of shipping and billing duties
• B)credit approval by a credit manager and not marketing personnel
• C)data entry application controls
• D)price lists

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