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14 2 pts The Accounts Receivable subsidiary ledger is updated (increased and decreased) by using which of the following documents: Sales orders and remittance advices
14 2 pts The Accounts Receivable subsidiary ledger is updated (increased and decreased) by using which of the following documents: Sales orders and remittance advices Sales (billing) invoices and sales orders Billing of ladings and sales (billing) invoices Sales (billing) invoices and remittance advices Question 20 Which statement about flowcharts is correct? 2 pts They list internal control activities that are present or missing and are easy to understand and use for identifying control weaknesses in the typical processes. They show many details of a process in a single diagram that can be used to capture controls via decision points and the manual and automated processes. They visually represent the activities in a business process and are used to easily understand the process using standard notations. They are simple diagrams showing the sources of data, processes, and data storage that can be used to focus on the data separate from the who processes data. Question 23 Select the partial listing that best describes the proper order of various steps in the expenditure cycle. 2 pts Order the goods, Approve vendor invoice, Count and insect the goods Order the goods, Inspect the goods, Prepare the invoice Check customer credit, obtain the customer order, bill the customer Order the goods, Count and inspect the goods, Approve vendor invoice
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