Which of the following are examples of preventive controls? Select all that apply. O account coding on purchase orders is checked by the computer using a table of valid account numbers O computerized accounting system will not allow a sale to be processed if a customer has exceeded its credit limit O quarterly review of credit balances in accounts receivable for reasonableness O sales manager reviews daily shipments, total sales, and sales per unit shipped O sales invoices are priced automatically using a master pricing file
Which of the following are examples of preventive controls? Select all that apply. O account coding on purchase orders is checked by the computer using a table of valid account numbers O computerized accounting system will not allow a sale to be processed if a customer has exceeded its credit limit O quarterly review of credit balances in accounts receivable for reasonableness O sales manager reviews daily shipments, total sales, and sales per unit shipped O sales invoices are priced automatically using a master pricing file
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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
Transcribed Image Text:Which of the following are examples of preventive controls? Select all that apply.
O account coding on purchase orders is checked by the computer using a table of valid
account numbers
computerized accounting system will not allow a sale to be processed if a customer has
exceeded its credit limit
O quarterly review of credit balances in accounts receivable for reasonableness
O sales manager reviews daily shipments, total sales, and sales per unit shipped
O sales invoices are priced automatically using a master pricing file
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