ACCOUNTING INFO SYSTEMS LL+MINDTAP
11th Edition
ISBN: 9781337587280
Author: GELINAS
Publisher: CENGAGE L
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Question
Chapter 10, Problem 1RQ
Summary Introduction
To explain: The order entry/sales (OE/S) process.
OE/S process: It is known as the order entry/sales process. It describes the first four steps of the order-to-cash process.
Expert Solution & Answer
Explanation of Solution
The order entry/sales (OE/S) process:
It is known as the order entry/sales process. It describes the first four steps of the order-to-cash process. The four steps are:
- Pre-sale activities.
- The sale order processing.
- Picking up and packing the goods.
- The shipping of the goods.
It can be defined as an interactive structure where the people, equipment, controls, and activities which will aid in achieving the different goals of the firm.
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Students have asked these similar questions
What document intiates the sales process
Which of the following activities would use number of customer orders as an activity base?
A.
Order shipping
B.
Invoicing & collecting
C.
Customer return processing
D.
Both A & B
Differentiate order-generating expenses from order-processing expenses.
Chapter 10 Solutions
ACCOUNTING INFO SYSTEMS LL+MINDTAP
Ch. 10 - Prob. 1RQCh. 10 - What are the major functions performed by the OE/S...Ch. 10 - With what internal and external entities does the...Ch. 10 - Prob. 4RQCh. 10 - Prob. 5RQCh. 10 - Prob. 6RQCh. 10 - Distinguish buy-side and sell-side systems.Ch. 10 - Prob. 8RQCh. 10 - Prob. 9RQCh. 10 - Prob. 10RQ
Ch. 10 - Prob. 11RQCh. 10 - Prob. 12RQCh. 10 - Prob. 13RQCh. 10 - Prob. 14RQCh. 10 - Describe the impact that entity-level controls...Ch. 10 - Prob. 1DQCh. 10 - Prob. 2DQCh. 10 - Prob. 3DQCh. 10 - Prob. 4DQCh. 10 - Prob. 5DQCh. 10 - Prob. 6DQCh. 10 - An enterprise system supports a business process...Ch. 10 - Among the three functional entities (marketing,...Ch. 10 - The chapter presented a brief example of how the...Ch. 10 - Prob. 3SPCh. 10 - Prob. 4SPCh. 10 - Prob. 5SPCh. 10 - Prob. 6SPCh. 10 - Prob. 3PCh. 10 - Prob. 6P
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Similar questions
- Which of the following describes the economic order quantity (EOQ)? a. It is associated with a pull inventory system. b. It is the heart of a JIT purchasing system. c. It minimizes total ordering and carrying costs. d. It minimizes stock-out costs.arrow_forwardRecord the following transactions in the sales journal:arrow_forwardWhich files do you usually find in a sales order module versus an account receivable (customer module)? Why does this difference exist?arrow_forward
- What is just-in-time (JIT) inventory system?arrow_forwardWhich files do you usually find in a sales order module versus an accounts receivable (customer) module? Why does this difference exist?arrow_forwardwhat information do you need to capture from a customer in order to accurately and completely fill an order?arrow_forward
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