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Author Question: Smith Manufacturing Company's accounts receivable clerk has a friend who is also a customer of Smith ... (Read 56 times)

llesku

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on: Aug 21, 2022
Smith Manufacturing Company's accounts receivable clerk has a friend who is also a customer of Smith Manufacturing. The accounts receivable clerk has issued fictitious credit memos to his friend for goods supposedly returned. The most effective procedure for preventing this activity is to
◦ prenumber and account for all credit memorandums.
◦ require receiving reports that provide evidence of returned inventory items to support all credit memorandums before they are approved.
◦ have independent sales and accounts receivable departments.
◦ mail monthly statements to customers.
Auditing and Assurance Services ¦ Arens, Elder, Beasley, Hogan ¦ 17th Edition
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Marked as best answer by llesku on Aug 21, 2022

AarionnaH

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Reply #1 on: Aug 21, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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llesku

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Reply 2 on: Aug 21, 2022
YES! Correct, THANKS for helping me on my review

xthemafja

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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