Which of the following best represents a key control for ensuring sales are properlyauthorized when assessing control risks for sales? A. The separation of duties between the billing department and the cash receipts approval department. B. The use of an approved price list to determine unit selling price. C. Copies of approved sales orders sent to shipping, billing, and accounting departments. D. Sales orders are sent to the credit department for approval.

Auditing: A Risk Based-Approach (MindTap Course List)
11th Edition
ISBN:9781337619455
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Chapter5: Professional Auditing Standards And The Audit Opinion Formulation Process
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Which of the following best represents a key control for ensuring sales are properlyauthorized when assessing control risks for sales?

A. The separation of duties between the billing department and the cash receipts approval department.

B. The use of an approved price list to determine unit selling price.

C. Copies of approved sales orders sent to shipping, billing, and accounting departments.

D. Sales orders are sent to the credit department for approval.

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