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Requirement b. For each misstatement, list an intemal control that should prevent it. (Each item can be selected more than once ) Click the icon to view a list of internal controls.) Misstatements sometimes found in the sales and collection cycle's account. 1. Several cash receipts were posted to the incorrect customer accounts. 2. A shipment made in the subsequent period is recorded as a current period sale. 3. The allowance for uncollectible accounts is inadequate because of the client's failure to reflect depressed Controls economic conditions in the allowance. 4. Several accounts receivable are in dispute as a result of claims of defective merchandise. 5. The pledging of accounts receivable to the bank 6. Goods were returned for credit on the last day of the fiscal year but the sales return was not rdd until for a loan is not disclosed in the financial statements ded until the following fiscal year 7. Several accounts receivable in the accounts receivable master file are not included in the aged trial balance.| 8. One account receivable in the accounts receivable master file is included on the aged trial balance twice. 9. Long-term interest-bearing notes receivable from affiliated companies are included in acccounts receivable. Choose from any drop-down list and then click Check Answer part remaining