Which of the Following Is Consistent with Effective Internal Control

question 35

Multiple Choice

Which of the following is consistent with effective internal control over sales transactions?

• A)The accounting department prepares a shipping report authorizing the shipment of goods.
• B)The accounting department accounts for all receiving reports.
• C)The billing department accounts for all shipping documents.
• D)The accounts payable department annually approves the extension of credit to customers.

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Definitions:

Prenatal Development

The process of growth and development within the womb from conception to birth.

Sexual Development

Sexual development encompasses the physical, psychological, and social changes that occur during puberty, leading to sexual maturity.

Testosterone

A steroid hormone that plays a key role in the development of male reproductive tissues, as well as promoting secondary sexual characteristics.

Estrogen

A group of steroid hormones that play a crucial role in the development and regulation of female reproductive systems and secondary sexual characteristics.