Accounting Information Systems
10th Edition
ISBN: 9781337619202
Author: Hall, James A.
Publisher: Cengage Learning,
expand_more
expand_more
format_list_bulleted
Question
Chapter 4, Problem 2DQ
To determine
Explain the difference between sales order, billing and AR departments. Also, explain the reason because of which sales or AR departments cannot prepare the bills.
Expert Solution & Answer
Trending nowThis is a popular solution!
Students have asked these similar questions
Distinguish between the sales order, billing, and AR departments. Why can’t the sales order or AR departments prepare the bills?
The functions of and documents generated by which of the below departments determine when a wholesaler that ships goods to customers has the right to record a sale?
Question options:
The receiving department
The credit department
The customer order department
The shipping department
Which of the following forms cannot be customized?
Select one:
A. Estimate
B. Sales Receipt
C. Credit memo
D. Invoice
Chapter 4 Solutions
Accounting Information Systems
Ch. 4 - Prob. 1RQCh. 4 - Prob. 2RQCh. 4 - What function does the receiving department serve...Ch. 4 - Prob. 4RQCh. 4 - Prob. 5RQCh. 4 - Prob. 6RQCh. 4 - Prob. 7RQCh. 4 - Prob. 8RQCh. 4 - Prob. 9RQCh. 4 - Distinguish between an edit run, a sort run, and...
Ch. 4 - Prob. 11RQCh. 4 - Prob. 12RQCh. 4 - Prob. 13RQCh. 4 - Prob. 14RQCh. 4 - Prob. 15RQCh. 4 - Prob. 16RQCh. 4 - In a manual system, after which event in the sales...Ch. 4 - Prob. 18RQCh. 4 - What document initiates the billing process?Ch. 4 - Prob. 20RQCh. 4 - Prob. 1DQCh. 4 - Prob. 2DQCh. 4 - Prob. 3DQCh. 4 - Prob. 4DQCh. 4 - Prob. 5DQCh. 4 - Prob. 6DQCh. 4 - Prob. 7DQCh. 4 - Prob. 8DQCh. 4 - What financial statement misrepresentations may...Ch. 4 - Prob. 10DQCh. 4 - Prob. 11DQCh. 4 - Prob. 12DQCh. 4 - Prob. 13DQCh. 4 - Prob. 14DQCh. 4 - Prob. 15DQCh. 4 - How is EDI more than technology? What unique...Ch. 4 - Prob. 17DQCh. 4 - Prob. 1MCQCh. 4 - Prob. 2MCQCh. 4 - Prob. 3MCQCh. 4 - Prob. 4MCQCh. 4 - Prob. 5MCQCh. 4 - Prob. 6MCQCh. 4 - Prob. 7MCQCh. 4 - Prob. 8MCQCh. 4 - Prob. 9MCQCh. 4 - Prob. 10MCQCh. 4 - Prob. 1PCh. 4 - Prob. 2PCh. 4 - Prob. 3PCh. 4 - Prob. 4PCh. 4 - Prob. 5PCh. 4 - Prob. 6PCh. 4 - Prob. 7PCh. 4 - Prob. 8PCh. 4 - Prob. 9PCh. 4 - Prob. 10PCh. 4 - Prob. 11PCh. 4 - Prob. 12PCh. 4 - In 1989, Robert Smith opened a small fruit and...Ch. 4 - Posavek is a wholesale supplier of building...Ch. 4 - Prob. 3ICCCh. 4 - (Prepared by Will Richens and Michael Catchpole,...Ch. 4 - Prob. 6ICC
Knowledge Booster
Similar questions
- Why does billing receive a copy of the sales order when the order is approved but does not bill until the goods are shipped?arrow_forwardWhich document helps to ensure that the receiving clerks actually count the number of goods received? a. Invoice b. Shipping notice c. Blind copy of purchase order d. Packing listarrow_forwardWhich of the following would not be a control in a sales system? a. Agreeing details from the sales order when preparing the goods to be dispatched to the customer b. Batch totals required when inputting sales invoices onto the system c. Approval of credit limits for new customers from a manager before being allowed credit d. The sales clerk alone deciding whether to give discounts or not to customers without approvalarrow_forward
- Is it properly segragated? If no explain the reason why.arrow_forwardWhich one of the following documents is not needed to process a payment to a vendor? A. vendor invoice B. packing slip C. check request D. purchase orderarrow_forward1. What would a credit manager do if a sales order received caused a customer to exceed its credit limit? 2. What happens after the shipping department verifies that the quantities and descriptions of goods prepared for shipment are consistent with the sales order?arrow_forward
- A. What document is used to create the Sales Order in the Revenue Cycle and where does itcome from?B. Who creates the Sales order?C. Who gets copies of the Sales Order?In the space below, please answer parts A, B, and C.arrow_forwardIdentify which department has stewardship over the following journals,ledgers,and files. a.customer open order file b.sales journal c.cash receipts journal d.cash receipts journal e.Inventory subsidiary ledger f.Accounts receivable subsidiary ledger g.Sales history file h.Shipping report file I.credit memo filr j.sales order file k.closed sales order filearrow_forwardDescribe the data flow in the buying process that begins when the purchasing organization sends a check to a vendor to settle an invoice for goods bought.arrow_forward
- Which one of the following documents is not needed to process a payment to a vendor? Group of answer choices 1.vendor invoice 2.packing slip 3.check request 4.purchase orderarrow_forwardDiscuss the trade-off in choosing to update the customer credit, should the sales clerk ever be authorized to override the decision? If so when?arrow_forwardWhich document helps to ensure that the receiving clerks actually count the number of goods received?a. packing listb. blind copy of purchase orderc. shipping noticed. invoicearrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
Accounting Information SystemsAccountingISBN:9781337619202Author:Hall, James A.Publisher:Cengage Learning,
Principles of Accounting Volume 1AccountingISBN:9781947172685Author:OpenStaxPublisher:OpenStax College
Auditing: A Risk Based-Approach (MindTap Course L...AccountingISBN:9781337619455Author:Karla M Johnstone, Audrey A. Gramling, Larry E. RittenbergPublisher:Cengage Learning
Accounting Information Systems
Accounting
ISBN:9781337619202
Author:Hall, James A.
Publisher:Cengage Learning,
Principles of Accounting Volume 1
Accounting
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax College
Auditing: A Risk Based-Approach (MindTap Course L...
Accounting
ISBN:9781337619455
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:Cengage Learning