20) In a revenue cycle with proper controls, the involved in any cash handling activities. A) accounts receivable clerk, treasurer B) accounts receivable clerk; controller C) cashier, controller D) cashier; treasurer who reports to the is not 21) A serious exposure in the revenue eyele is loss of assets. What is the related applicable control procedure that address this exposure? A) shipping errors: reconciliation of sales order with picking ticket and packing B) theft of cash; segregation of duties and minimization of cash handling C) making sales that turn out to be uncollectible; force sales people to make coll customers with past due balances D) poor performance; preparation and review of performance reports wat is the related threat and people to make collection calls on 22) The revenue cycle's primary objective is to A) maximize the company's profit. B) provide quality product in order to maximize market share. C) lower expenses. D) provide the right product in the right place at the right time for the right price. 23) Which of the following controls can minimize the threat of failure to bill? A) Separation of billing and shipping functions. B) Use of cash registers. C) Bar-code and RFID technology D) Restriction of access to master data 24) Regularly reviewing an accounts receivable aging report can help management do what? A spot firms who are falling behind in their payments B) identify customers who have not purchased anything lately C) improve the speed which customers make payments D) determine whether the firm's pricing policy is effective 25) During the sales order entry process, a is performed to verify that each transactie record contains all appropriate data items. completeness test redundant data check field check