Duties can be performed by the same individual

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Reference no: EM132143727

For good internal control, which of the following duties can be performed by the same individual? Explain your answer.

1. Approving changes to customer credit limits

2. Sales order entry

3. Shipping merchandise

4. Billing customers

5. Depositing customer payments

6. Maintaining accounts receivable

7. Issuing credit memos

8. Reconciling the organization’s bank accounts

9. Checking inventory availability

Reference no: EM132143727

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