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Which of the following internal control activities most likely would deter lapping Chiding the theft of customer payments) of collections from customers? Select one a

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Which of the following internal control activities most likely would deter lapping Chiding the theft of customer payments) of collections from customers? Select one a Independent internal verification of dates of entry in the cash receipts journal with dates of daily cash summaries b. Authorization of write-offs of uncollectible accounts by a supervisor independent of credit approval Segregation of duties between receiving cash and posting the accounts receivable ledger d. Supervisory comparison of the daily cash summary with the sum of the cash receipts journal entries Clear my choice Which of the following legal situations would be considered to impair the auditor's independence? Select one: a. An expressed intention by the present management to commence litigation against the auditor alleging deficiencies in audit work for the client, although the auditor considers that there is only a remote possibility that such a daim will be filed. b. Actual litigation by the auditor against the client for an amount not material to the auditor or to the financial statements of the client arising out of disputes as to billings for management advisory services Actual litigation by the auditor against the present manageme leging management fraud or deceit. aterial to the auditor or to the financial statements of the client arising out of disputes as to billings d. Actual litigation by the client against the auditor for tax services Clear my choice Which of the following activities would be least likely to streng Select one: a separating accounting from other financial operations b. maintaining insurance for fire and theft c. foring responsibility for the performance of employee duties d. carefully selecting and training employees

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