Accounting Information Systems
10th Edition
ISBN: 9781337619202
Author: Hall, James A.
Publisher: Cengage Learning,
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Chapter 12, Problem 6P
To determine
Explain the differences that can be problematic in transferring information.
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The purchase order for one firm is the source document for the sales order of another firm. Consider the following purchase order and sales order data elements stored for two firms. Discuss any differences that may be problematic in transferring information between the two firms.Purchasing Firm:GH BETTISA Division of Galveston-Houston Corp.1200 Post Oak Blvd.P.O. Box 4768Houston, TX 77637-9877Data ElementsVendor NumberVendor NameVendor AddressVendor CityVendor StateVendor CountryVendor Zip CodePurchase Order No.DateShipment Destination CodeVendor Part No.Item DescriptionQuantity OrderedUnit PriceTotalSelling Firm:Oakland Steel Company469 Lakeland Blvd.Chicago, IL 60613-8888Data ElementsCustomer NumberCustomer NameCustomer AddressCustomer CityCustomer StateCustomer CountryCustomer Zip CodePurchase Order No.Sales Order No.DateShipping CompanyVendor Part No.Item DescriptionQuantity OrderedUnit PriceTotalDiscount OfferedTaxFreight Charges
Describe the purpose of a purchase order by selecting the correct statement(s) below. (Check all that apply.)
A purchase order is a document the purchasing department uses to place an order with a vendor.
Multiple copies of the purchase order are distributed to other departments to increase internal control of company pu
A purchase order authorizes a vendor to ship ordered merchandise at a stated price and terms.
A purchase order is a bill received from the vendor that reflects the amount owed by the buyer.
OLTP VERSUS OLAP SERVERS
For each of the following processes, state whether OLTP or OLAP is appropriate, and why.
An order entry system that retrieves customer information, invoice information, and inventory information for local sales.
An order entry system that retrieves customer information, invoice information, inventory information, and several years of sales information about both the customer and the inventory items. An order entry system that retrieves customer information, invoice information, inventory information, and information to compare the current sale to sales across several geographic regions.
An order entry system that retrieves customer information, invoice information, inventory information, and accounts receivable information for sales within one marketing region.
An insurance company requires a system that will allow it to determine total claims by region, whether a relationship exists between claims and meteorological phenomena, and why one region seems to be…
Chapter 12 Solutions
Accounting Information Systems
Ch. 12 - Prob. 1RQCh. 12 - Prob. 2RQCh. 12 - Prob. 3RQCh. 12 - Prob. 4RQCh. 12 - Prob. 5RQCh. 12 - Prob. 6RQCh. 12 - Prob. 7RQCh. 12 - Prob. 8RQCh. 12 - Prob. 9RQCh. 12 - Prob. 10RQ
Ch. 12 - Prob. 11RQCh. 12 - Prob. 12RQCh. 12 - Prob. 13RQCh. 12 - Prob. 14RQCh. 12 - Prob. 15RQCh. 12 - Prob. 16RQCh. 12 - Prob. 17RQCh. 12 - Prob. 18RQCh. 12 - Prob. 19RQCh. 12 - Prob. 20RQCh. 12 - Prob. 21RQCh. 12 - Prob. 22RQCh. 12 - Prob. 23RQCh. 12 - Prob. 1DQCh. 12 - Prob. 2DQCh. 12 - Prob. 3DQCh. 12 - Prob. 4DQCh. 12 - Prob. 5DQCh. 12 - Prob. 6DQCh. 12 - Prob. 7DQCh. 12 - Prob. 8DQCh. 12 - Prob. 9DQCh. 12 - Prob. 10DQCh. 12 - Prob. 11DQCh. 12 - What is a digital envelope?Ch. 12 - Prob. 13DQCh. 12 - Prob. 14DQCh. 12 - Prob. 15DQCh. 12 - Prob. 16DQCh. 12 - Prob. 17DQCh. 12 - Prob. 18DQCh. 12 - Prob. 19DQCh. 12 - Prob. 1MCQCh. 12 - Prob. 2MCQCh. 12 - Prob. 3MCQCh. 12 - Prob. 4MCQCh. 12 - Prob. 5MCQCh. 12 - Prob. 6MCQCh. 12 - Prob. 7MCQCh. 12 - A system of computers that connects the internal...Ch. 12 - Prob. 9MCQCh. 12 - Prob. 10MCQCh. 12 - Prob. 1PCh. 12 - Prob. 4PCh. 12 - Prob. 5PCh. 12 - Prob. 6PCh. 12 - VIRTUALIZATION Virtualization technology is...Ch. 12 - Prob. 8P
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Similar questions
- Choose a company and describe how a specific issue, policy, or procedure (for example, granting merchandise returns, establishing sales prices) might look if the business is structured as a centralized business.arrow_forwardSunset Graphics often buys inventory after receiving a sales order from the customer. Suppose you are asked to prepare one UML class diagram that combines both the sales and collection process and the purchases and payments process. What would be shared among those processes? What would be unique to each process? Why?arrow_forwardGiven the following business rules, construct an ER diagram so each rule is captured for the database. Presume each rule is to be treated individually. Construct an ER diagram for each rule.a. A retail sales company prepares sales orders for its customers’ purchases. A customer can make many purchases, but a sales order is written for a single customer.b. A retail sales company orders inventory using a purchase order. An inventory item may be ordered many times, and a purchase order may be created for more than one inventory item.c. A company that sells antique cars prepares a sales order for each car sold. The inventory for this company consists of unique automobiles, and only one of these automobiles may be listed on a sales order.d. A grocery store identifies returning customers via a plastic card that the clerk scans at the time of each purchase. The purpose of this card is to track inventory and to maintain a database of customers and their purchases. Obviously, a customer may…arrow_forward
- 1. Which of the following procedure will complete the purchase procedure in a company? a. Approving suppliers invoice b. Checking the invoice c. Receiving the material by stores department d. Making the paymentarrow_forwardHow does a price list get assigned to a sales order?a. It is copied from the business partner master to the sales order.b. Each warehouse has an associated price list.c. You have to manually assign a price list in the sales order.d. The main price list from the item master record is used in the sales order.arrow_forwardOne internal control that companies often have is an official “approved vendor” list for purchases. Why is it important to have an approved vendor list?arrow_forward
- ABC Company is using the inventory system managed by the vendor. The product is owned and managed by the vendor until it is delivered from ABC's distribution center to the stores. What do you think will be the problems that ABC will encounter in its purchases and payments process?arrow_forward4. Indicate which department-accounts payable, cash disbursements, data processing, purchasing, inventory, or receiving- has ownership over the following files and registers: a. open purchase order file b. purchase requisition file C. open purchase requisition file d. closed purchase requisition file e. inventory f. closed purchase order file g. valid vendor filearrow_forwardThe functions of and documents generated by which of the below departments determine when a wholesaler that ships goods to customers has the right to record a sale? Question options: The receiving department The credit department The customer order department The shipping departmentarrow_forward
- Compare and contrast a manual accounting system with a computerized accounting system for process vendors transactions. What uses are there for using tje vendor balance summary and AP aging summary reports? Explain why the balance in merchandise inventory different than in accounts payable? Be sure to include at least one reference from an online resource.arrow_forwardBriefly describe each of the following documents or records: purchase requisition, purchase order, receiving report, vendor invoice, and voucher. Why would an entity combine all documents related to a purchase transaction into a “voucher packet”?arrow_forwardExplain the difference between external transactions and internal transactions. If a company purchases supplies from a local vendor, would this be classified as an external or internal transaction?arrow_forward
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