Accounting Information Systems
11th Edition
ISBN: 9781337552127
Author: Ulric J. Gelinas, Richard B. Dull, Patrick Wheeler, Mary Callahan Hill
Publisher: Cengage Learning
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Question
Chapter 13, Problem 6RQ
a)
Summary Introduction
To determine: The way the processing of non-invoiced disbursement is handled in a true voucher system.
Introduction:
b)
Summary Introduction
To determine: The way the processing of non-invoiced disbursement is handled in non-voucher system.
Introduction:
Accounting Information System (AIS) is said to be the specialized subsystem of the Information System (IS). AIS can be used in the business events for the purpose of collecting, processing, and reporting the financial information.
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Check out a sample textbook solutionStudents have asked these similar questions
Distinguish between an accounts payable file and a vouchers payable file.
Differentiate between source documents and vouchers.
What type of internal control is matching supporting documents before paying an invoice?
Chapter 13 Solutions
Accounting Information Systems
Ch. 13 - Prob. 1RQCh. 13 - What primary functions does the AP/CD process...Ch. 13 - Prob. 3RQCh. 13 - What are the fundamental responsibilities of the...Ch. 13 - Prob. 5RQCh. 13 - Prob. 6RQCh. 13 - Prob. 7RQCh. 13 - Prob. 8RQCh. 13 - How does EDI improve the effectiveness and...Ch. 13 - What is EIPP? How does it improve the efficiency...
Ch. 13 - What are the two operations process...Ch. 13 - Prob. 12RQCh. 13 - Prob. 13RQCh. 13 - Prob. 14RQCh. 13 - Prob. 1DQCh. 13 - This chapter discusses both fraud and...Ch. 13 - Prob. 3DQCh. 13 - Prob. 4DQCh. 13 - Prob. 5DQCh. 13 - Prob. 6DQCh. 13 - Prob. 1SPCh. 13 - Prob. 2SPCh. 13 - Prob. 3SPCh. 13 - Prob. 4SPCh. 13 - Prob. 5SPCh. 13 - Prob. 6SPCh. 13 - Prob. 4PCh. 13 - Our narrative and DFDs are created assuming that...Ch. 13 - Prob. 6PCh. 13 - Prob. 7P
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- Can you explain how the internal control of Documentation Procedure is violated in this question? after payment, bills are filed in a "paid invoice" folder.arrow_forwardBriefly describe each of the following documents or records: purchase requisition, purchase order, receiving report, vendor invoice, and voucher. Why would an entity combine all documents related to a purchase transaction into a “voucher packet”?arrow_forwardAre purchasing and receiving functions separate from invoiceprocessing, accounts payable, and general ledger functions?arrow_forward
- Explain the advantages of an electronic billing cyclearrow_forwardWhat category of control procedures best describes a reconciliation account, such as Accounts Payable? 1)Group of answer choices 2)Detective 3)Application 4)Systems 5)Preventivearrow_forwardHow does the Genral Ledger work?arrow_forward
- Which of the following statements is true?a. Journal vouchers detailing transaction activity flow from various operational departments into the GLS, where they are independently reconciled and posted to the journal voucher history file. b. Journal vouchers summarizing transaction activity flow from the accounting department into the GLS, where they are independently reconciled and posted to the general ledger accounts. c. Journal vouchers summarizing transaction activity flow from various operational departments into the GLS, where they are independently reconciled and posted to the general ledger accounts. d. Journal vouchers summarizing transaction activity flow from various operational departments into the GLS, where they are indepen dently reconciled and posted to the journal voucher history file.arrow_forwardWhich of the following assets require the strongest of internal controls?A. inventoryB. credit cardsC. computer equipmentD. casharrow_forwardWhich of the following is often called a compensating control?a. transaction authorizationb. supervisionc. accounting recordsd. independent verificationarrow_forward
- How do you find invoicearrow_forwardReconciliations of the General Ledger Control Accounts to the Subsidiary Ledgers are an example of A. Data entry controls B. Output controls C. Logical access controls D. Segregation of dutiesarrow_forwardWhich internal control objective is concerned with ensuring that accumulated totals in the transaction file are correctly transferred to the general ledger and subsidiary ledgers? O classified O summarized O recorded O postedarrow_forward
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