Pkg Acc Infor Systems MS VISIO CD
Pkg Acc Infor Systems MS VISIO CD
10th Edition
ISBN: 9781133935940
Author: Ulric J. Gelinas
Publisher: CENGAGE L
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Chapter 11, Problem 6SP
Summary Introduction

To match: The control goals or system deficiencies with the control plans.

Introduction:

B/AR/CR process:

It is an accounting process with an interacting structure of different process supporting the decision-making activities of the financial managers.

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Refer to the system flowchart labeled Problem 4.Requireda. Discuss the uncontrolled risks associated with the systems as currently configured.                         b. Describe the controls that need to be implemented into the system to mitigate the risks in thegiven scenario.
The following is a list of six control plans.These are followed by a list of five system failures that have control implications. Match the five system failures with a control plan that would best prevent the system failure from occurring. Also, give a brief (one or two sentences) explanation of your choice. A letter should be used only once, with one letter left over. Control Plans Program change controls Independent validation of vendor invoices Access control software Batch control plans Compare input data with master data (e.g., vendor master data) Match invoice, PO, and receipt System Failures Vendor Invoices are received at Samuel Company via an EDI feed over the Internet. Some of these are fraudulent invoices from bogus vendors. Vendor invoices are sent to clerks in the AP department at Seneca, Inc., where they are entered once each day to create a file of invoice data that is then processed by the accounts payable program each evening. Several errors have been found in the…
The following is a list of six control plans from this chapter or from Chapter 9 and Chapter 10. These are followed by a list of five statements describing either the achievement of a control goal (i.e., a system success) or a system deficiency (i.e., a system failure). Match the five control goals or system deficiencies with a control plan that would best achieve the desired goal or prevent the system deficiency. A letter may be used only once, with one letter left over. Control Plans     Review shipped not billed sales orders     Turnaround documents     Deposit slip file     Procedures for rejected inputs     Computer agreement of batch totals     Document design Control Goals or System Deficiencies     The shipping clerk could not read the quantity picked that had been written on the picking ticket by the warehouse clerks.     In a periodic/batch environment, helps to ensure the information system control goal of input completeness of the shipping notices.     Helps to ensure that…
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