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Requirement b. For each misstatement, list an internal control that should prevent it. (Each itern can be selected more than once.) (Click the icon to view a list of intemal controls.) es found in the sales and collection cycle's account. Controls nts 1. Several cash receipts were posted to the incorect customer accounts 2. A shipment made in the subsequent period is recorded as a current period sale. 3. The allowance for uncollectible accounts is inadequate because of the client's failure to reflect depressed economic conditions in the allowance 4. Several accounts receivable are in dispute as a result of claims of defective merchandise. 5. The pledging of accounts receivable to the bank for a loan is not disclosed in the financial statements. 6 Goods were returned for credit on the last day of the fiscal year but the sales retum was not recorded until Choose from any drop-down list and then click Check Answer. part remaining Clear All Do Homework - Ch. https://4257420.onli