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Accounting Information Systems

11th Edition
Ulric J. Gelinas + 3 others
ISBN: 9781337552127

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BuyFindarrow_forward

Accounting Information Systems

11th Edition
Ulric J. Gelinas + 3 others
ISBN: 9781337552127
Textbook Problem

“A control plan that helps to attain operational effectiveness by ‘providing assurance of creditworthiness of customers’ also helps to achieve the information process control goal of sales order input validity.” Do you agree? Discuss fully.

Summary Introduction

To explain: If Person X agrees with the statement or not.

Introduction:

OE/S process:

It is known as the order entry/sales process. It describes the first four steps of the order-to-cash process.

Explanation

The view of Person X:

The validity of the sales order inputs be considered can be taken as a measure based on the possibility that the buyer will pay for the goods that are being ordered...

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