Julia's Cookies has identified the following revenue recognition misstatement control activity risk: "Improper revenue recognition may result in incorrect recordings during a reporting period and misstatement of financial statements." Choose from the list of control activities below one of the appropriate control activities for this risk statement. Select answer from the options below Review accounts receivable periodically including write-offs and aging. Segregate billing function from shipping and accounts receivable functions. Strict enforcement of the company's sales cutoff policy. Match each sales invoice with shipping information and customer acknowledgment of fulfillment of seller obligations

Answer rating: 100% (QA)

The appropriate control activity for the identified revenue recogni... View the full answer