Internal Control Questionnaires and Verification Procedures

Ledgering Accounts Receivable

1. Are terms, dates, weights, description of merchandise, etc., shown on invoices, shipping documents, delivery receipts, and bills of lading scrutinized for differences?

2. Are procedures in effect to determine if the signatures shown on the above documents are authentic?

3. Are payments from customers scrutinized for differences in invoice dates, numbers, terms, etc.?

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