Which of the Following Is a Weak Internal Control Over

Multiple Choice

Which of the following is a weak internal control over cash collections from receivables?

A) The credit department should have no access to cash.
B) A credit department should evaluate customers' credit applications to determine whether they meet the company's approval standards.
C) A company should have written approval standards for processing customers' credit applications.
D) In order to avoid losing sales, all customers' credit applications should be approved.