Multiple-Choice Questions 8. Which situation indicates a weak internal control structure? a. the AR clerk authorizes the write off of bad debts b. the record-keeping clerk maintains both AR and AP subsidiary ledgers c. the inventory control clerk authorizes inventory purchases d. the AR clerk prepares customer statements every month
Multiple-Choice Questions 8. Which situation indicates a weak internal control structure? a. the AR clerk authorizes the write off of bad debts b. the record-keeping clerk maintains both AR and AP subsidiary ledgers c. the inventory control clerk authorizes inventory purchases d. the AR clerk prepares customer statements every month
Accounting Information Systems
10th Edition
ISBN:9781337619202
Author:Hall, James A.
Publisher:Hall, James A.
Chapter4: The Revenue Cycle
Section: Chapter Questions
Problem 8MCQ
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Multiple-Choice Questions
8. Which situation indicates a weak internal control
structure?
a. the
debts
b. the record-keeping clerk maintains both AR
and AP subsidiary ledgers
c. the inventory control clerk authorizes inventory purchases
d. the AR clerk prepares customer statements every month
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