Solved

Julia's Cookies Has Identified the Following B2B Credit Customer Control

Question 60

Multiple Choice

Julia's Cookies has identified the following B2B credit customer control activity risk: "Inadequate or inconsistently applied creditworthiness checking may result in excessive bad debts and a wide variety of credit terms." Choose from the list of control activities below one of the appropriate control activities for this risk statement.


A) Follow documented and authorized credit policies and procedures for all customers.
B) Review credit limits periodically and adjust if required.
C) Use standardized, authorized sales contracts that are legally enforceable.
D) Employee training covering appropriate and inappropriate wording when speaking with customers

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions