Julia's Cookies Has Identified the Following Revenue Recognition Misstatement Control

Multiple Choice

Julia's Cookies has identified the following revenue recognition misstatement control activity risk: "Improper revenue recognition may result in incorrect recordings during a reporting period and misstatement of financial statements." Choose from the list of control activities below one of the appropriate control activities for this risk statement.

A) Strict enforcement of the company's sales cutoff policy
B) Reconcile totals for invoices to gross sales in the general ledger to verify completeness and accuracy.
C) Segregate billing function from shipping and accounts receivable functions.
D) Review accounts receivable periodically including write-offs and aging.