Effective internal control over accounts receivable ensures: Select one: a. That credit is...
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Accounting
Effective internal control over accounts receivable ensures: Select one: a That credit is only extended to customers that meet the company's credit standards. b That an approved factor is used when the company sells its accounts receivable. c There is an accurate accounting for cash receipts, cash disbursements, and cash balances. d The availability of adequate cash for conducting business operations.
Effective internal control over accounts receivable ensures:
Select one:
a That credit is only extended to customers that meet the company's credit standards.
b That an approved factor is used when the company sells its accounts receivable.
c There is an accurate accounting for cash receipts, cash disbursements, and cash balances.
d The availability of adequate cash for conducting business operations.
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