Authorizing a credit sale is an example ofSelect one:a.preventive controlb.corrective controlc.accounting controld.detective control

Preparing a trial balance is an example ofSelect one:a.corrective controlb.accounting controlc.preventive controld.detective controlClear my choice

What type of control is a dealership using when they are checking a customer’s credit before approving them for a loan?Select answer from the options belowInternal ControlCorrective ControlDetective ControlPreventive Control

Which of the following is a preventive control?Select one:a.physical inventory countb.comparing the accounts receivable subsidiary ledger to the control accountc.bank reconciliationd.credit check before approving a sale on accountClear my choice

Counting inventory is an example ofSelect one:a.preventive controlb.accounting controlc.detective controld.corrective control

Recommend one (1) internal control that would provide protectionagainst the following threats:a) Making a credit sale to a customer who is already four monthsbehind in making payments on his account.b) Authorising a credit memo for a sales return when the goods werenever actually returned.