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Which of the following is the most effective procedure for determining the collectibility of an account receivable? A. Confirmation of the account. B. Examination of
Which of the following is the most effective procedure for determining the collectibility of an account receivable?
A. Confirmation of the account. |
B. Examination of sales invoices related to the account. |
C. Review of subsequent cash collections on the account. |
D. Review of documentation that supports the authorization of credit sales to the customer. |
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