Which of the Following Internal Control Activities Most Likely Would

question 42

Multiple Choice

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

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

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Definitions:

Myelin

A fatty substance that encases and insulates nerve fibers, facilitating faster transmission of electrical impulses along neurons.

Frontal Lobe

The part of the brain located at the front of the cerebral cortex, responsible for higher cognitive functions like decision making, problem solving, and social behavior.

Menarche

The occurrence of the first menstrual period in a female, marking the onset of reproductive capability.

Menstrual Period

The phase in the menstrual cycle where bleeding occurs from the uterus, typically lasting a few days and happening every 28 days or so in human females.