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  3. sales returns/allowances require careful control.

Sales returns/allowances require careful control. Allowances require that: Review and approval by an independent party...

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Accounting

Sales returns/allowances require careful control. Allowances require that:

Review and approval by an independent party

A credit memo be issued by billing once it has been authorized and approved

Both a & b

None of the above

Answer & Explanation Solved by verified expert
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