I’m not sure but I guess a
In the triangular trade American colonist send fish, whale oil, lumber and tabaco to Europe.
Europe send teas, spices, furniture cloth and tools to America.
Lastly they send African slaves to America.
Answer:
The correct answer to the following question is option C) control over sales discount .
Explanation:
Sales and Collection cycle is also know as RRR cycle ( which is Revenue, Receivables and Receipts cycle ), which includes many classes of transaction, but the primary ones are sales and cash receipts . This cycle refers to the process which begins with customer buying product or service and ends when business receives payment.
When auditors test the internal control for this cycle they're concerned with controls over cutoff, controls related to allowance for uncollectible accounts and controls that prevent embezzlements .
Navigation rules are those that regulate the way boats are to navigate the water. They are much like the rules of the road for cars.
Their main objective is to establish a consistent way to navigate safely and avoid collisions and accidents.
