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What internal controls will have to ascertain

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Problem 1: Most business-to-business sales are made on credit. Credit sales should be approved before they are processed; As a CFO for a local distribution center, what internal controls will you have to ascertain that there is a credit limit to all business clients that trade with your outfit, and will these controls allow an increase in credit when businesses exceed their credit limit?

Reference no: EM132815010

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