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Other Fields Homework Help Accounting Topic started by: tivo on Feb 20, 2017



Title: Which of the following would indicate poor internal control over Accounts Receivable?
Post by: tivo on Feb 20, 2017
Which of the following would indicate poor internal control over Accounts Receivable?
A) The person handling cash receipts passes the receipts to someone who enters them into Accounts Receivable.
B) The same person handling cash receipts also records the Accounts Receivable transactions.
C) The mailroom employees open the mail and give the cash receipts to another employee.
D) The person who handles Accounts Receivable would not write off accounts as uncollectible.


Title: Re: Which of the following would indicate poor internal control over Accounts Receivable?
Post by: antonio_john on Feb 20, 2017
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Title: Re: Which of the following would indicate poor internal control over Accounts Receivable?
Post by: tivo on Apr 10, 2017
Luckily this is the last business course I'll be taking. Thank you greatly