P12.6

12.6.Create a questionnaire checklist that can be use to tax controls for for apiece one of the four basic activities in the revenue lag ( sales companionship entry, expatriation, explosive charge, and cash collections). A.)For separately control issue, write a Yes/No question such that a No transaction repre directs a control weakness. For example, one question might be, are customer credit limits set and modified by a credit manager with no sales responsibility? B.)For each Yes/No question, write a brief ex patternation of wherefore a No answers represents a control weakness. A.) Questions Yes No 1.) be pick list quantities compared to sales auberges? 2.) Is access to master selective information dependant? 3.) Does a backup and disaster recovery computer program follow? 4.) Have backup procedures been tested within the abide sixsome month? 5.) argon digital signatures required for online orders? 6.) atomic number 18 shipping documents reconciled with sales orders? 7.) Is physical access to bloodline controlled? 8.) Are appropriate info entry edit controls used? 9.) Are monthly statements sent to customers? 10.

) Are the shipping and billing functions performed by different employees? 11.) Are the credit approval and sales order entry duties performed by different employees? 12.) Is the master data regularly checked and all changes review thoroughly? 13.) Is c omminuted data encrypted while stored in the! database? B.) Explanation for a NO answer 1.) non checking the picking list to sales orders can will in wrong product or the wrong occur shipped to customers. 2.) open access to master files could allow fraud by permit employees to change information to hide theft. 3.) An organization could lack all important(predicate) information if a backup and recovery plan is not in place. 4.) Back up may not depart if not regularly tested. 5.) Orders may be elegant and sent that the customer later...If you want to get a good essay, order it on our website: OrderCustomPaper.com

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