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Which of the following is not a goal of a system of internal control over merchandising transactions? Keep credit losses as low as possible. Prevent
Which of the following is not a goal of a system of internal control over merchandising transactions?
Keep credit losses as low as possible. | |
Prevent the theft of cash and inventory. |
Keep the maximum amount of inventory on hand at all times. | |
Keep enough cash on hand to take advantage of purchase discounts. |
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