1. What makes POS system different from revenue cycles of manufacturing firms? 2. Does a POS system that use bar coding and a laser light scanner foolproof against inaccurate updates? Discuss. 3. How is EDI more than technology? What unique control problems may it pose? 4. Indicate which department - accounts payable, cash disbursements, data processing, purchasing, inventory, or receiving - has ownership over the following files and registers: a. open purchase order file b. purchase requisition file c. open purchase requisition file d. closed purchase requisition file e. inventory f. closed purchase order file
1. What makes POS system different from revenue cycles of manufacturing firms? 2. Does a POS system that use bar coding and a laser light scanner foolproof against inaccurate updates? Discuss. 3. How is EDI more than technology? What unique control problems may it pose? 4. Indicate which department - accounts payable, cash disbursements, data processing, purchasing, inventory, or receiving - has ownership over the following files and registers: a. open purchase order file b. purchase requisition file c. open purchase requisition file d. closed purchase requisition file e. inventory f. closed purchase order file
Chapter1: Financial Statements And Business Decisions
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Transcribed Image Text:1. What makes POS system different from revenue cycles of manufacturing firms?
2. Does a POS system that use bar coding and a laser light scanner foolproof against inaccurate
updates? Discuss.
3. How is EDI more than technology? What unique control problems may it pose?
4. Indicate which department - accounts payable, cash disbursements, data processing,
purchasing, inventory, or receiving - has ownership over the following files and registers:
a. open purchase order file
b. purchase requisition file
C. open purchase requisition file
d. closed purchase requisition file
e. inventory
f. closed purchase order file
g. valid vendor file
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