Information Technology Auditing

Chapter 9 Problems 1 and 2 1. There ar some(prenominal) procedures, documents and working(a) incisions that are involved when light fund is available to run across a customers approved pose. When there is depleted muniment to fill a customers approved allege, the sales order entry part must be notified in order to keep other items from being coherent or to notify the sales discussion section that these items are placement of stock or on back order. The purchasing surgical incision must be notified so that inventory bottom be ordered and rushed, depending on the urgency of the approved order. The accounts receivable discussion 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 unquestionable that once the inventory is received that the shipping department is do aware so that the customers order chamberpot be finalized. Additionally, purchasing and receiving have to look at their inventory 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 surround in hand with notifying accounts receivable that there is a shortfall in inventory. Additionally, accounts payable needs to be notified to make accredited that an order was not placed on hold by the vendor in which the inventory that was thought to have been received, to total that there isnt a problem on the provider end as a result of payment or credit terms with the organization itself. Finally all procedures for update and reconciling reports in each of the departments must be reviewed by management to find out where the breakdown in confabulation occurred to cause the inventory shortage in the first place. 2. The quite a little totals come from the shippi ng notices from the shipping department thro! ughout the day. These are entered into the system by the...If you want to get a near essay, order it on our website: OrderEssay.net

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