Question: Effective internal control over accounts receivable ensures: Question 24Select one: a. That credit is only extended to customers that meet the company's credit standards. b.

Effective internal control over accounts receivable ensures: Question 24Select one: a. That credit is only extended to customers that meet the company's credit standards. b. The availability of adequate cash for conducting business operations. c. There is an accurate accounting for cash receipts, cash disbursements, and cash balances. d. That an approved factor is used when the company sells its accounts receivable

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