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Which of the Following Is NOT a Key Issue in Controlling

Question 58

Multiple Choice

Which of the following is NOT a key issue in controlling and managing receivables?


A) Extend credit only to customers who are most likely to pay.
B) Separate the responsibility for custody and protection of inventory assets from the accounting for inventory assets.
C) Separate cash-handling,credit and accounting duties to keep employees from stealing cash collected from customers.
D) Pursue collection from customers to maximise cash flow.

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