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Title: The least effective control for preventing an organization from processing fraudulent credit memo is to Post by: yuknam on Apr 8, 2019 The least effective control for preventing an organization from processing fraudulent credit memo is to
• match each credit memo with a receiving report. • require approval for each credit memo by the credit manager. • reconcile total of credit memos to total debits posted to customers' subsidiary ledgers. • sequentially prenumber all credit memos and perform a sequence check at the end of each day. Title: The least effective control for preventing an organization from processing fraudulent credit memo is to Post by: rand22 on Apr 8, 2019 Content hidden
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