Q. What is not the example of the risks (e.g., what could go wrong) for recording sales and

trade receivables?

a) Sales are recorded in the wrong period

b) Monthly sales and trade receivables reconciliation between the subsidiary ledger

and general ledger

c) Sales are not recorded in the sales subsidiary ledger

d) Sales tax, GST, discounts, rebates and other invoice adjustments are priced to the

wrong general ledger account.

Please explain this.