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  3. sales returns/allowances require careful control.

Sales returns/allowances require careful control. Returns require all but: Review and approval by an independent...

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Accounting

Sales returns/allowances require careful control. Returns require all but:

Review and approval by an independent party

Receiving conducts an independent count

Credit approves the sales return upon receipt of sales return memo from receiving

Billing issues a credit memo upon receipt of approved sales return from credit

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