Choose only one answer as well as state their reasons/rationale for the answer chosen. 10) An organization uses batch processing to generate customer invoices. During the process, the computer sums the invoice number field for all invoices in the batch and the billing clerk then compares that number to the same total that the clerk calculated prior to processing. That calculation (the sum of the sales invoice numbers) is a type of batch total called a: a. Record count b. Financial total c. Hash total

Draw the flow chart for the following - manual based(NOTE: add files, data store and departments which all time should be included even not in the following process, also don’t add any more process not in the scenario , your drawing should be clear )​The Process: Vendors send invoices to the AP department where they are reviewed and approved for payment. Once approved, the invoice and a cash disbursement voucher are sent to the cash disbursement department, where a check is prepared and sent to the vendor. A copy of the check, the invoice, and the voucher are returned to the AP department and filed.

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Paul Williams recently joined XYZ2 Limited as the head of the accounting department. Williams spent the first few weeks analysing the account information system. Based on this analysis, Williams is concerned about the purchase system of XYZ2 Limited. Here are the details of the purchase system.   The purchasing agent of XYZ2 Limited periodically checks inventory levels from a computer terminal connected to a central accounting system. The agent searches the inventory file for items that need to be ordered. He then selects a supplier, prints a hard copy of the purchase order, and mails it to the vendor. The clerk files one copy of the PO in the department and sends a second copy to the AP Clerk. When the inventories arrive at the receiving department, a receiving clerk reconciles the items with the packing slip, inspects them for condition, and manually prepares a three-part receiving report. The clerk sends one copy to the purchasing department to close out the open PO, files one copy…

nal summ طم معلومات محاسبية نظري The revenue cycle consists of Select one: out of a. one subsystem-order entry b. two subsystems-sales order processing and cash receipts ag question C. two subsystems-order entry and inventory control O d. three subsystems-sales order processing, credit authorization, and cash receipts Previous page Jump to.. General

One of the columns in the sales journal is labeled as: Oa. Debit Sales. O b. Payment Received. c. Customer's Name. Od. Sales Amount.

Each of the below describes a procedure consistent with a strong system of internal control except…   Question 7 options:   The customer order department determines when a sale has occurred and should be recorded.   The accounts payable department agrees purchase requisitions, purchase orders, receiving reports, and invoices prior to payment.   Quantities ordered are excluded from the receiving department copy of a purchase order so receiving personnel count and inspect merchandise received.   The use of remittance advices for customers' payments on accounts receivable received in the mail.

Which of the following software functions can help protect sales revenue from external and internal threats of theft? a) Reconcile inventory reductions with product issues from kitchen. b) Reconcile product issues from kitchen with guest check totals. c) Create over and short computations by server, shift, and day. d) All of the above e) Only a. and b. above

Which of the following is the best reason for prenumbering in numerical sequence documents such as sales orders, shipping documents, and sales invoices?a. Enables company personnel to determine the accuracy of each document.b. Enables personnel to determine the proper period recording of sales revenue and receivables.c. Enables personnel to check the numerical sequence for missing documents and unrecorded transactions.d. Enables personnel to determine the validity of recorded transactions.

For each of the following, indicate if the statement reflects an input component, output component, or storage component of an accounting information system. 1. A credit card scanner at a grocery store is a(n) [ Select] component. 2. A report of patients who missed appointments at a doctor's office is a(n) [ Select] component. 3. Electronic files containing a list of current customers is aln) [ Select ] component. 4. A list of the day's cash and credit sales is aln) [ Select] component. 5. A purchase order for 1,000 bottles of windshield washing fluid to be used as inventory by an auto parts store is a(n) [ Select ] component.