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ANNOUNCING A NEW INFORMATION SYSTEM
The AJAX Company is considering implementing a new accounting system, which will automate sales processing, cash receipts, accounts payable, and cash disbursement procedures. Roger Moore, AJAX’s CIO sent an announcement letter to the AJAX community. In the letter, Moore said: “I have contracted with Spartan Consulting Group to do the needs analysis, system selection, and design work. The programming and implementation will be performed in-house using existing IT department staff. The development process will be unobtrusive to user departments because Spartan knows what needs to be done. They will work independently, in the background, and will not disrupt departmental and internal audit work How with time-consuming interviews, surveys, and questionnaires. This promises to be an efficient process that will produce a system that will be appreciated by all users.”
Required
Draft a memo from George Jones, Director of Internal Audits, in response to Moore’s letter.
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Chapter 13 Solutions
Accounting Information Systems 9th Edition
- What is the financial term? (Term is 14 Letters Long): Inventory held by one party (the consignee) who acts as the agent for the owner of the goods (the consignor) in selling the goods. The consignee accepts and holds the consigned goods without any liability, except to exercise due care and reasonable protection from loss or damage until it sells the goods to a third party. When the consignee sells the goods, it remits the revenue to the consignor, less a selling commission and expenses incurred in accomplishing the sale.arrow_forwardSolve this Accounting problemarrow_forwardNeed answer pleasearrow_forward
Accounting Information SystemsAccountingISBN:9781337619202Author:Hall, James A.Publisher:Cengage Learning,