Which of the following would be a step in an internal


Which of the following would be a step in an internal control program?

Obtain an aged trial balance of the accounts receivable.

Read sales contracts for evidence of customers' rights of return or price allowance terms.

Prepare and send confirmations on a sample of customers' accounts receivable.

 

Assess the control risk for sales and collections.

Request for Solution File

Ask an Expert for Answer!!
Financial Accounting: Which of the following would be a step in an internal
Reference No:- TGS01002430

Expected delivery within 24 Hours