ACTIVITY 2

1. D. Treasury
2. A. Accounting
3. B. Receiving
4. C. Shipping - billing – recording
5. C. Accounting department
6. D. Receiving report
7. D. Delivery of items ordered
8. C. Credit
9. C. Credit
10. D. Receive collections from customers
11. B. Reduces the possibility of bad debts
12. B. Bad debts
13. B. Approve customer orders
14. A. Approved sales order
15. C. Bill of lading
16. D. Billing
17. B. Subsidiary ledger
18. B. Mailroom
19. C. Bill of lading
20. B. Accounting
21. D. Depositing the check
22. B. Remittance advice
23. B. Remittance advice
24. A. Remittance advice
25. A. It is not compatible with recording function
26. C. Validated deposit slip
27. D. Direct deposit to company’s bank account of customer payments
28. C. Remittance advice and deposit slip
29. C. No entry was made for both the credit sales and the subsequent collections
30. C. Credit department
31. C. Fewer control procedures
32. B. Close involvement of the owner-manager in the affairs of