Answered: Shipping Notice Keystroke Batch Totals…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

The computer processing portion of a sales order system is represented by the flowchart. Answer the following questions.
a. What type of data processing system is this? Explain, and be specific.
b. The auditor suggests that this system can be greatly simplified by changing to direct access files. Explain the major operational changes that would occur in the system if this were done.
c. The auditor warns of control implications from this change that must be considered. Explain the nature of the control implications.
d. Sketch a flowchart (the computerized portion only) of the proposed new system. Use correct symbols and label the diagram.

Shipping
Notice
Keystroke
Batch Totals
Sales Order
File
Edit
Batch Totals
Edited File
Sort Sales Order
Sort
File by Customer
Account Number
Program
Batch Totals
Customer
Sorted
File
AR File
AR Update and
Biling Program
Batch Totals
Customer's
Invoice
New AR
File
Sales Order
End of Day
Process
Sort
Sort Run
Batch
Totals
Run
Sorted
so
File
Sorted
Batch
Totals
General
Ledger
Accts
Inventory
Master File
Update
Program
Gen Ledger
Update
Batch
Totals
New Inventory
File
New GL File
OBOB

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