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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

Examine the systems flowchart in Figure 10.11. Discuss how this process implements the concept of segregation of duties, discussed in Chapter 8. Be specific as to which entity (or entities) performs each of the four processing functions (authorizing, executing, recording, and safeguarding resources) mentioned in Chapter 8 (assuming that all four functions are illustrated by the process).

Summary Introduction

To explain: The way the four functions are distributed.

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 way the four functions are distributed:

Authorizing events:

The personnel in the credit department will assign the credit limits. The amount of order will be compared with the credit limit of the customer. The computer prints the picking tickets inside the warehouse. The computer will not print an open sales order unless there is a sales order master data in the database.

Executing events:

The personnel in the warehouse shipping department pick up move the goods to the shipping and then to the customer...

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