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Author Question: Segregation of duties controls dictates that the collection and recording functions be kept separate ... (Read 54 times)

Alainaaa8

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on: Apr 8, 2019
Segregation of duties controls dictates that the collection and recording functions be kept separate from each other. However, the accounts receivable department needs to know when customers pay their invoices. What is a solution to this potential internal control problem?
◦ Establish a lockbox arrangement with a bank.
◦ Have customers send a remittance advice with their payment.
◦ Have mailroom personnel prepare a remittance list which can be forwarded to accounts receivable.
◦ All of these
Accounting Information Systems ¦ Romney, Steinbart ¦ 14th Edition
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Marked as best answer by Alainaaa8 on Apr 8, 2019

eliasc0401

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Reply #1 on: Apr 8, 2019
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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Alainaaa8

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Reply #2 on: Apr 8, 2019
Excellent


eliasc0401

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Reply #3 on: Apr 8, 2019
Great! Please up vote :D


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