For each of the following items, indicate whether a sequential, block, group, alphabetic, or mnemonic code would be most appropriate (you may list multiple methods; give an example and explain why each method is appropriate):a. state codesb. check numberc. chart of accountsd. inventory item number e. -bin number (inventory warehouse location) f. sales order number g. vendor code h. invoice number i. customer number

Q: A chart of accounts would best be coded using a(n) ______________ coding scheme. a. alphabetic b.…

A: Chart of Accounts: Chart of Accounts shows all the ledgers (expenses, revenue, assets, etc) and…

Q: Which one of the following documents is not needed to process a payment to a vendor?A. vendor…

A: Purchases of material and inventory is very important for the business. Payment for purchases can be…

Q: Which of the following activities would use number of customer orders as an activity base?     A.…

A: Activity-based costing: It is a method that helps in finding the activities performed by a company…

Q: Which files do you usually find in a sales order module versus an account receivable (customer…

A: The sales order module contains an open sales order which is an internal document issued by seller…

Q: Draw a diagram depicting the relationship between the general ledger master file, control accounts,…

A: Relationship between the general ledger master file, control accounts, subsidiary files, and…

Q: The general ledger clerk receives summary data from which departments?what form of summary data?

A:

Q: Which document helps to ensure that the receiving clerks actually count the number of goods…

A: Option b is the answer

Q: A control designed to validate a transaction at the point of data entry is a. recalculation of a…

A:

Q: Construct a Sales Ledger Control Account, using your own numerical example, with five items of your…

A: A sales ledger control account often referred also as ‘trade debtors control account,' seems to be a…

Q: Which of the following forms cannot be customized? Select one: A. Estimate B. Sales Receipt C.…

A: Under QBO there is a feature to customize your forms.

Q: Match each of the numbered descriptions with the principle, component, or descriptor that it best…

A: Given below are the terms indicated with the meaning:

Q: Make a comparison between periodic and perpetual inventory systems and explain under which…

A: Answer: As per Q/A guidelines first question has been answered. Please repost remaining question.…

Q: The outputs of a computerized accounting information system are called Reports. Software.…

A: Accounting information systems: Accounting information system is a system that collects, stores,…

Q: Explain the posting process of the sales journal?

A: Sales JournalThe Sales Journal is used to record the transaction when the sale of merchandise…

Q: Who is responsible for releasing an order? Describe what happens to the inventory records andto PAC…

A: The person responsible for releasing an order is the material planner.

Q: What are the columns that are typically used in the purchases journal?

A: A Purchase Journal records all purchases made on credit during a period. In other words, this is the…

Q: Which of the following is a control that can be used to ensure that all of the components of an…

A: The procedures for rejection inputs is a  control that can be used by the auditor to ensure that all…

Q: a) Prepare the purchase ledger (account payables) control account and the sales ledger (account…

A: (a)

Q: what information do you need to capture from a customer in order to accurately and completely fill…

A: Information captured from a customer to complete an order the accurate and complete filled order…

Q: Explain how to journalize sales transactions.

A: Journal Entry:   It is a systematic record of a financial transaction of an organization recorded in…

Q: Which statement about the Expenditure Cycle is correct? The blind copy of the purchase order goes…

A: Step 1 The expenditure cycle is the flow of activities related to the acquisition of and payment for…

Q: The payables clerk obtains and matches the purchase order, receiving report, and vendor's invoice…

A: Clerk: A clerk refers to an individual who is an employee of a company or a bank and is responsible…

Q: In Tally, Vouchers serve as a medium to record an entry of any transaction or event and it’s posting…

A: Voucher A voucher is a document that contains details of a monetary dealings and is needed for…

Q: Question 2 All of the following controls can ensure input validity of shipping notice, except? O…

A: The answer is provided as follows:

Q: If the company has a multiple trasactions, what ledger should you post the trasaction?

A: Financial accounting involves recording of financial transactions of a firm during the accounting…

Q: Reviewing database authority tables is a(n) a. access control. b. organizational structure control.…

A: An operating device must have strict security features to guard and hold device integrity. The…

Q: Use the graph in order to answer the following question Name three data sources that would need to…

A: Following are the three data sources that would need to access the product and inventory

Q: The characteristic that all entries recorded in a cash receipts journal have in common is Group of…

A: The cash receipts journal is a special journal  used in accounting to  record all the cash…

Q: Before processing a batch of invoices, the accounts payable clerk sums the quantities billed. The…

A: Accounts payable forms a part of current liabilities of the business and represent the amount due to…

Q: 4. Indicate which department -accounts payable, cash disbursements, data processing, purchasing,…

A: Purchase requisition is prepared and sent to the prepare purchase order function to initiate the…

Q: How does the procedure for determining inventory requirements differ between a basic…

A: Batch processing system: A technique that is used to collect the data and program together in a…

Q: Which onscreen form is usually used to record a sales transaction that the customer will pay later?…

A: “Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: Given the following business rules, construct an ER diagram so each rule is captured for the…

A: Given the following business rules, construct an ER diagram so each rule is captured for the…

Q: d contrast a manual accounting system with a computerized accounting system for process vendors…

A: manual accounting system requires the acting accountant or bookkeeper to post business transactions…

Q: Describe the integration of the Inventory Ledger with the Payables, Receivables and General Ledgers.

A: Solution:- Introduction:- An integrated accounting system is application software in which all the…

Q: A relational database system contains the following inventory data: part number, description,…

A:

Q: Of the following, select the attribute that would be the best primary key in an inventory table. a.…

A: A primary key in a database is the unique identifier which can identify a particular item anywhere…

Q: What is just-in-time (JIT) inventory system?

A: Inventory: It can be defined as all the goods, items, materials, and merchandise that are held by a…

Q: Describe the flow of data in the purchasing process that is initiated when the purchasing…

A: A data flow diagram is a flow of data that analyzes the beginning criteria and end results of a…

Q: How can reengineering of the sales order processing subsystem be accomplished using the Internet?

A: Sales Order Procedures: Sales order procedures include a thorough systematic procedure for sale of…

Q: Post to general ledger

A: General ledger is the ledger book in which all the respective accounts of parties as well as the…

Q: State the purpose of footing the total column in the client’saccounts receivable trial balance,…

A: A necessary audit procedure is to test the information on the client's trial balance for detail…

Q: Construct a Purchase Ledger Control Account, using your own numerical example, with five items?

A: The purchases ledger control account is the individual ledger account that records the total owed by…