Accounting Information Systems (14th Edition)
Accounting Information Systems (14th Edition)
14th Edition
ISBN: 9780134474021
Author: Marshall B. Romney, Paul J. Steinbart
Publisher: PEARSON
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Chapter 1, Problem 5P

a.

To determine

Explain the accounts receivable aging report.

b.

To determine

Explain the reason for the importance of accounts receivable aging report for an audit.

c.

To determine

Explain the uses of accounts receivable report in the normal company operations.

d.

To determine

Indicate the data that are required to prepare the accounts receivable aging report.

e.

To determine

Indicate the places in which the data can be collected for preparing the report.

f.

To determine

Explain the way in which the data is collected for the report.

g.

To determine

Prepare an example accounts receivable aging report with the help of excel.

h.

To determine

Explain the way in which the reports are distributed, the number of copies of report that should be made, the person to receive the copy of the report and the security features that are implemented in the report.

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