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Which of the following are internal controls relating to accounts receivable?
I-Bad debt write-offs are authorised by a responsible officer.
II- All cash receipts are stored in a locked safe.
III-Monthly statements of account are sent to customers.
Bond Financing
Bond Financing involves raising capital through the issuance of bonds, which are debt securities wherein the issuer owes the holders a debt and is obligated to pay them interest and/or to repay the principal at a later date.
Advantages
The favorable positions or superiorities that an entity has over its competitors.
Disadvantages
The negative aspects or conditions that reduce effectiveness, efficiency, or desirability.
Bond Features
Characteristics or provisions of a bond issue, such as maturity date, interest rate, and redemption options.
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