Using the following table as a guide, describe for each function from Figure 10.1: A risk (an event or action that will cause the organization to fail to meet its goals/objectives) b. A control/process or use of technology that will address the risk а. Function Risks Controls and Technology Marketing Finance Sales Order Department Logistics (warehouse and shipping)

Accounting Information Systems
11th Edition
ISBN:9781337552127
Author:Ulric J. Gelinas, Richard B. Dull, Patrick Wheeler, Mary Callahan Hill
Publisher:Ulric J. Gelinas, Richard B. Dull, Patrick Wheeler, Mary Callahan Hill
Chapter10: The Order Entry/sales (oe/s) Process
Section: Chapter Questions
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Chapter 10  

Accounting Information Systems
 

Short Problem 10-3, page 394: Using the following table as a guide, describe for each function from Figure 10.1:

  1. A risk (an event or action that will cause the organization to fail to meet its goals/objectives)
  2. A control/process or use of technology that will address the risk.

 

FIGURE 10.1
A Horizontal Perspective of the OE/S Process
VP MARKETING
VP FINANCE
VP LOGISTICS
4b. Picking
ticket
2. Credit
Customer
request
1. Customer
Credit department
Warehouse
order
3. Credit
Sales order
approval
department
4c. Sales
5. Completed
picking ticket
order
4a. Acknow-
ledgement
4d. Sales
order
6b. Shipping
notice
B/AR/CR
Shipping
department
6d. Shipping
notice
6c. Shipping
notice
Carrier
General ledger
6a. Shipping
notice
Transcribed Image Text:FIGURE 10.1 A Horizontal Perspective of the OE/S Process VP MARKETING VP FINANCE VP LOGISTICS 4b. Picking ticket 2. Credit Customer request 1. Customer Credit department Warehouse order 3. Credit Sales order approval department 4c. Sales 5. Completed picking ticket order 4a. Acknow- ledgement 4d. Sales order 6b. Shipping notice B/AR/CR Shipping department 6d. Shipping notice 6c. Shipping notice Carrier General ledger 6a. Shipping notice
SP 10-3
Using the following table as a guide, describe for each function from
Figure 10.1:
A risk (an event or action that will cause the organization to fail to
meet its goals/objectives)
b. A control/process or use of technology that will address the risk
а.
Function
Risks
Controls and Technology
Marketing
Finance
Sales Order Department
Logistics (warehouse and shipping)
Transcribed Image Text:SP 10-3 Using the following table as a guide, describe for each function from Figure 10.1: A risk (an event or action that will cause the organization to fail to meet its goals/objectives) b. A control/process or use of technology that will address the risk а. Function Risks Controls and Technology Marketing Finance Sales Order Department Logistics (warehouse and shipping)
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