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

Multiple Choice

Julia's Cookies has identified the following revenue recognition fraud control activity risk: "Fictitious sales may result in overstatement of revenues (a credit) and receivables (a debit) or understatement of expenses (a debit) ." 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.