Information Technology Auditing

Chapter 9 Problems 1 and 2 1. There ar some(prenominal) procedures, documents and surgical incisions that are involved when light fund is available to make full a customers crowd outonical pose. When there is poor descent to fill a customers approved rove, the sales order entry part must be notified in order to keep other items from being pertinacious or to notify the sales segment that these items are send out of stock or on back order. The purchasing section must be notified so that inventory bottom be ordered and rushed, depending on the urgency of the approved order. The accounts receivable plane section must be notified in order to keep a customers approved order from being invoiced and the receiving department must be notified in order to make demonstrable that once the inventory is received that the shipping department is do aware so that the customers order can be finalized. Additionally, purchasing and receiving have to look at their i nventory totals and compare them against what the computer system is telling the sales order department. Additionally, once credit has been approved for the customer, it is essential that the customers account is not charged until the order actually ships. This goes get by in hand with notifying accounts receivable that there is a deficit in inventory.

Additionally, accounts payable needs to be notified to make legitimise that an order was not placed on hold by the vendor in which the inventory that was thought to have been received, to go that there isnt a problem on the supplier end as a result of payment or credit terms wit h the organization itself. Finally all pro! cedures for update and reconciling reports in each of the departments must be reviewed by management to find out where the breakdown in parley occurred to cause the inventory shortage in the first place. 2. The deal totals come from the shipping notices from the shipping department throughout the day. These are entered into the system by the...If you want to get a skilled essay, order it on our website: BestEssayCheap.com

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