Which of the following procedures would provide the best evidence of the effectiveness of a credit-granting function?

Which of the following procedures would provide the best evidence of the effectiveness of a credit-granting function?
A . Observe the process.
B . Review the trend in receivables write-offs.
C . Ask the credit manager about the effectiveness of the function.
D . Check for evidence of credit approval on a sample of customer orders.

Answer: B

Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments