49)For effective internal control, employees maintaining the accounts receivable subsidiary ledger should not also approve A- Employee overtime wages. B-Credit granted to customers. C-Cash disbursements. D-Write-offs of customer accounts.

49)For effective internal control, employees maintaining the accounts receivable subsidiary ledger should not also approve A- Employee overtime wages. B-Credit granted to customers. C-Cash disbursements. D-Write-offs of customer accounts.

Accounting Information Systems

10th Edition

ISBN:9781337619202

Author:Hall, James A.

Publisher:Hall, James A.

Chapter6: The Expenditure Cycle Part Ii: Payroll Processing And Fixed Asset Procedures

Section: Chapter Questions

Problem 1MCQ

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Question

49)For effective internal control,
employees maintaining the
accounts receivable subsidiary
ledger should not also approve
A- Employee overtime wages.
B-Credit granted to customers.
C-Cash disbursements.
D-Write-offs of customer
accounts.

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