Question: For effective control regarding notes receivable, the Blank _ _ _ _ _ _ . Multiple select question. acceptance and renewal of notes should be

For effective control regarding notes receivable, the Blank______.
Multiple select question.
acceptance and renewal of notes should be authorized in writing by a responsible official who does not have custody of the notes
write-off of defaulted notes should be approved by responsible officials
amounts due at the end of the period should be validated by monthly confirmations
person with custody of the note should also have access to cash or accounting records

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