The control objective intended to reduce the probability that a credit sale transaction will get debited to
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The control objective intended to reduce the probability that a credit sale transaction will get debited to cash instead of accounts receivable is
a. Validity.
b. Classification.
c. Accuracy.
d. Completeness.
Accounts ReceivableAccounts receivables are debts owed to your company, usually from sales on credit. Accounts receivable is business asset, the sum of the money owed to you by customers who haven’t paid.The standard procedure in business-to-business sales is that...
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Related Book For
Auditing An International Approach
ISBN: 978-1259087462
7th edition
Authors: Wally J. Smieliauskas, Kathryn Bewley
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