Question: Showing 1 - 2 of 2 items. One important internal control over receivables is to: allow the person receiving cash to post the collections to

Showing 1-2 of 2 items.
One important internal control over receivables is to:
allow the person receiving cash to post the collections to accounts receivable records as the cash is received.
allow the credit department personnel to accept payments from customers.
run a credit check on prospective customers.
use the bookkeeper to pursue collections during slack time.
Showing 1-2 of 2 items. One important internal control over receivables

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