Question

Prenumbered documents are intended to help

A)
Prevent the failure to bill or record sales Prevent duplicate billings or recordings of sales
Yes Yes

B)
Prevent the failure to bill or record sales Prevent duplicate billings or recordings of sales
No No

C)
Prevent the failure to bill or record sales Prevent duplicate billings or recordings of sales
Yes No

D)
Prevent the failure to bill or record sales Prevent duplicate billings or recordings of sales
No Yes

Answer 1

Prenumbered documents are a control measure used in accounting to ensure all transactions are recorded (preventing failures to bill or record sales) and to prevent duplicate transactions (preventing duplicate billings or recordings). Option a

Step-by-step explanation:

Prenumbered documents are intended to help with specific control objectives in an organization's accounting processes. The correct answer to whether prenumbered documents are intended to prevent the failure to bill or record sales and to prevent duplicate billings or recordings of sales is Yes to both option a. By using a sequential numbering system, companies can ensure that all transactions are recorded (avoiding failures to bill or record sales) and that each transaction is unique (preventing duplicate billings or recordings of sales).