Among specific procedures that contribute to good internal control over the business processes related to accounts receivable are (a) the approval of uncollectible account write offs and credit memoranda by an executive and (b) the sending of monthly statements to all customers State three other pr...

Other specific procedures which contribute to good internal control over th ...

Among specific procedures that contribute to good internal control over the business processes related to accounts receivable

Question:

Among specific procedures that contribute to good internal control over the business processes related to are (a) the approval of uncollectible account write-offs and credit memoranda by an executive and (b) the sending of monthly statements to all customers.
State three other procedures conducive to strong internal control.

Accounts Receivable
Accounts receivables are debts owed to your company, usually from sales on credit. Accounts receivable is business asset, the sum of the money owed to you by customers who haven’t paid.The standard procedure in business-to-business sales is that...