Multiple Choice
The following set of items describes activities completed by a company in purchasing and paying for merchandise and in collecting cash for merchandise sales. For each activity, identify whether or not the activity adheres to or violates sound internal control procedures. (Choices may be used more than once.)
-Monthly statements are mailed to customers to indicate the current balance due.
A) Adheres to sound internal controls
B) Violates sound internal controls
C) Neither strengthens nor violates internal control
Correct Answer:

Verified
Correct Answer:
Verified
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