P12.6

12.6.Create a questionnaire checklist that can be employ to tax controls for for apiece one of the four basic activities in the revenue circle ( sales companionship entry, expatriation, commission, and cash collections). A.)For severally control issue, write a Yes/No question such that a No yield repre directs a control weakness. For example, one question might be, are customer credit limits set and modified by a credit manager with no sales responsibility? B.)For each Yes/No question, write a brief ex computer programation of wherefore a No answers represents a control weakness. A.) Questions Yes No 1.) be pick list quantities compared to sales auberges? 2.) Is access to master information dependant? 3.) Does a backup and disaster recovery plan follow? 4.) Have backup procedures been tested within the decease sixsome month? 5.) argon digital signatures required for online orders? 6.) ar shipping documents reconciled with sales orders? 7.) Is physical access to stock certificate controlled? 8.) Are appropriate data entry edit controls used? 9.) Are monthly statements sent to customers? 10.

) Are the shipping and billing functions performed by different employees? 11.) Are the credit approval and sales order entry duties performed by different employees? 12.) Is the master data regularly checked and all changes review thoroughly? 13.) Is natural data encrypted while stored in the database? B.) ! Explanation for a NO answer 1.) non checking the picking list to sales orders can issuing in wrong product or the wrong tally shipped to customers. 2.) open access to master files could allow fraud by permit employees to change information to hide theft. 3.) An organization could lack all important(predicate) information if a backup and recovery plan is non in place. 4.) Back up may not depart if not regularly tested. 5.) Orders may be polished and sent that the customer later...If you want to get a panoptic essay, order it on our website: OrderCustomPaper.com

If you want to get a full essay, visit our page: write my paper