Control Intelligence

Customer Master & Credit

Customer onboarding, credit limits, and terms approval.

Sub-Process Score
66/ 100
Adequate
10/12 responses received
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Control Objectives (1)

O2C-CR-01
COSO P7COSO P10ICFR.O2C.CR.01IIA IV.9.2
Customer credit limits are approved based on a documented credit policy.
Risk: Bad debt exposure from inadequate credit screening.
Assessment Questions (3)
  • 01A credit policy is documented and approved by the CFO.Document
  • 02Credit limits above a threshold require CFO approval.
  • 03Aged AR is reviewed weekly with collections action.