Question: For good internal control which of the following duties can

For good internal control, which of the following duties can be performed by the same individual? Explain your answer.
1. Approve changes to customer credit limits
2. Sales order entry
3. Shipping merchandise
4. Billing customers
5. Depositing customer payments
6. Maintaining accounts receivable
7. Issuing credit memos
8. Reconciling the organization’s bank accounts
9. Checking inventory availability

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  • CreatedDecember 19, 2014
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