ACCT. INFO. SYSTEMS W/ MINDTAP >BI<
11th Edition
ISBN: 9781337587310
Author: GELINAS
Publisher: CENGAGE L
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Chapter 9, Problem 1RQ
Summary Introduction
To determine: The impact of incorrect customer address to business.
Introduction:
Expert Solution & Answer
Explanation of Solution
Determine the impact of incorrect customer address to business:
For a successful business, customer information is valuable and a lifeline, as it would decide the value of the business’s customer service. The consequences are as follows:
- Lower customer satisfaction
- Higher maintenance cost and error in product or service delivery
- Negative publicity
- Invalid report and decreased productivity
- Increased resource consumption
- Loss of revenue
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Students have asked these similar questions
Which of the following is false about accounting information systems?A. They provide reports that people analyze.B. They prevent errors and stop employees from stealing inventory.C. They are designed to gather data about the company’s transactions.D. They consist of processes that involve input of data from source documents, processing, output, andstorage.
Why should businesses shift to an electronic accounting system?
How can controls deter fraudulent practices in a business?
1) Why is it not necessary to model activities such as data entry of information about customers or suppliers, mailing invoices to customers, and recording invoices received from suppliers as events in an REA diagram?
2) How can REA diagrams help an auditor understand a client’s business processes?
3) How would accounts payable be reflected in an REA diagram? Why?
Chapter 9 Solutions
ACCT. INFO. SYSTEMS W/ MINDTAP >BI<
Ch. 9 - Prob. 1RQCh. 9 - Prob. 2RQCh. 9 - How could the control matrix be used to recommend...Ch. 9 - Prob. 4RQCh. 9 - Prob. 5RQCh. 9 - Prob. 6RQCh. 9 - Prob. 7RQCh. 9 - Name and explain four different types of batch...Ch. 9 - Prob. 9RQCh. 9 - Prob. 10RQ
Ch. 9 - Prob. 1DQCh. 9 - Explain why input controls are so important....Ch. 9 - Describe the similarities and differences between...Ch. 9 - Prob. 4DQCh. 9 - Prob. 5DQCh. 9 - Prob. 6DQCh. 9 - Prob. 7DQCh. 9 - Prob. 8DQCh. 9 - Prob. 9DQCh. 9 - Prob. 10DQCh. 9 - Prob. 11DQCh. 9 - The following is a list of six control plans from...Ch. 9 - Prob. 2SPCh. 9 - Figure 9.10 lists 10 control plans from this...Ch. 9 - Prob. 1PCh. 9 - Prob. 2PCh. 9 - Prob. 3PCh. 9 - Prob. 4PCh. 9 - Prob. 5PCh. 9 - Prob. 6P
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