Information System Provide an analysis/explanation of the flow of the expenses flowchart of a bookstore business. The expenses are the expenses used by the bookstore in its operations.
Information System Provide an analysis/explanation of the flow of the expenses flowchart of a bookstore business. The expenses are the expenses used by the bookstore in its operations.
Chapter10: Financial Statements And Reports
Section: Chapter Questions
Problem 4.4C
Related questions
Question
Provide an analysis/explanation of the flow of the expenses flowchart of a bookstore business. The expenses are the expenses used by the bookstore in its operations.
![EXPENSES
START
Collect all copies of
Expenses
(Receipts)
Payments
Manager
Approval
Owner
Approves the
Payments
Prepare Voucher for
Payment
Accounting Approval
of Transactions and
Payment
Update Records of
Payments & System
END](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F300f1334-f5c3-4193-8d3f-d660839e1129%2F60e981d0-3263-4951-b67d-3b5f168a07ca%2Fhk8177_processed.jpeg&w=3840&q=75)
Transcribed Image Text:EXPENSES
START
Collect all copies of
Expenses
(Receipts)
Payments
Manager
Approval
Owner
Approves the
Payments
Prepare Voucher for
Payment
Accounting Approval
of Transactions and
Payment
Update Records of
Payments & System
END
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