The misstatements below are included in the accounting records of the Dillon Manufacturing Company Read the requirements, Requirement b. For each misstatement, list one or more procedures that could be implemented to prevent it from occurring on a continuing basis (If an input field is not used in the table, leave the input field empty, do not select label.) (Click the icon to view the control descriptions) Choose from any drop-down list and then click Check Answer The misstatements below are included in the accounting records of the Dillon Manufacturing Company Read the requitements Control(s) that should have prevented the misstatement 1. Cash paid on accounts receivable was stolen by the mail clerk when the mall was opened. 2 A sales invoice was miscalculated by $1,000 as a result of a key-entry mistake. Cash paid on accounts receivable that had been prelisted by a secretary was stolen by the bookkeeper, who records cash receipts and accounts receivable. He failed to record the 3 transactions Choose from any drop-down list and then click Check Answer 83 of 20 The misstatements below are included in the accounting records of the Dillon Manufacturing Company Read the requirements VOORKeeper, wno records casn receipts and accounts receivable. He rarea to record the 3. transactions A material sale was recorded on the last day of the year even though the goods were not shipped 4 until three days later. Merchandise was shipped to a customer, but no bill of lading was prepared. Because bilings are prepared from bills of lading the customer was not billed. The controller approved a payment to a consulting firm owned by his sister. The consulting firm 5 did not actually perform any services for the company The shipping clerk included several additional valuable items in a shipment that were not included in the customer's order and were not invoiced to the customer. The shipping clerk has an 7 arrangement with the customer to share the proceeds from sales of the additional items shipped. 11 5 Choose from any drop-down list and then click Check Answer Control descriptions The prelisting of cash receipts should be compared to the postings in the accounts receivable A master file B Monthly statements should be sent to all customers C No merchandise may leave the plant without the preparation of a prenumbered bill of lading D Posting invoices by an independent person E Use of prenumbered bill of lading that are periodically accounted for F. The prelistings of cash receipts should be compared to the validated bank deposit slip