Chapter 10 Accounting Information Systems Short Problem 10-3, page 394: Using the following table as a guide, describe for each function from Figure 10.1:A risk (an event or action that will cause the organization to fail to meet its goals/objectives)A control/process or use of technology that will address the risk. FIGURE 10.1A Horizontal Perspective of the OE/S ProcessVP MARKETINGVP FINANCEVP LOGISTICS4b. Pickingticket2. CreditCustomerrequest1. CustomerCredit departmentWarehouseorder3. CreditSales orderapprovaldepartment4c. Sales5. Completedpicking ticketorder4a. Acknow-ledgement4d. Salesorder6b. ShippingnoticeB/AR/CRShippingdepartment6d. Shippingnotice6c. ShippingnoticeCarrierGeneral ledger6a. Shippingnotice SP 10-3Using the following table as a guide, describe for each function fromFigure 10.1:A risk (an event or action that will cause the organization to fail tomeet its goals/objectives)b. A control/process or use of technology that will address the riskа.FunctionRisksControls and TechnologyMarketingFinanceSales Order DepartmentLogistics (warehouse and shipping)

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Using the following table as a guide, describe for each function from Figure 10.1: A risk (an event or action that will cause the organization to fail to meet its goals/objectives) b. A control/process or use of technology that will address the risk а. Function Risks Controls and Technology Marketing Finance Sales Order Department Logistics (warehouse and shipping)

Using the following table as a guide, describe for each function from Figure 10.1: A risk (an event or action that will cause the organization to fail to meet its goals/objectives) b. A control/process or use of technology that will address the risk а. Function Risks Controls and Technology Marketing Finance Sales Order Department Logistics (warehouse and shipping)

Accounting Information Systems

11th Edition

ISBN:9781337552127

Author:Ulric J. Gelinas, Richard B. Dull, Patrick Wheeler, Mary Callahan Hill

Publisher:Ulric J. Gelinas, Richard B. Dull, Patrick Wheeler, Mary Callahan Hill

Chapter10: The Order Entry/sales (oe/s) Process

Section: Chapter Questions

Problem 9RQ

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Chapter 10

Accounting Information Systems

Short Problem 10-3, page 394: Using the following table as a guide, describe for each function from Figure 10.1:

A risk (an event or action that will cause the organization to fail to meet its goals/objectives)
A control/process or use of technology that will address the risk.

FIGURE 10.1
A Horizontal Perspective of the OE/S Process
VP MARKETING
VP FINANCE
VP LOGISTICS
4b. Picking
ticket
2. Credit
Customer
request
1. Customer
Credit department
Warehouse
order
3. Credit
Sales order
approval
department
4c. Sales
5. Completed
picking ticket
order
4a. Acknow-
ledgement
4d. Sales
order
6b. Shipping
notice
B/AR/CR
Shipping
department
6d. Shipping
notice
6c. Shipping
notice
Carrier
General ledger
6a. Shipping
notice

SP 10-3
Using the following table as a guide, describe for each function from
Figure 10.1:
A risk (an event or action that will cause the organization to fail to
meet its goals/objectives)
b. A control/process or use of technology that will address the risk
а.
Function
Risks
Controls and Technology
Marketing
Finance
Sales Order Department
Logistics (warehouse and shipping)

Definition Definition Structural system an enterprise uses to collect, store, report, retrieve, and process financial data. Accounting information systems are used by business analysts, auditors, accountants, and consultants for accurate and efficient access to financial data.

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