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 .
The main way in which mercantilism increased the likelihood of conflicts between European powers was that it led to a dispute over who could trade where, and disputes over the trade agreements themselves, since every country wanted "the best deal".
C. Complete Independence from Britain
Because bias stances may (and most likely do) effect people's out look on a topic
