Mary Johnson, the Ajax Construction Co. cash disbursement clerk, has the database access privileges presented in the
Question:
Required:
Discuss the appropriateness of the access privileges assigned. What, if any, internal control problems may result.
Transcribed Image Text:
Cash Database Table Purchase Receiving Vendor Reportvoice Disbursements Order Authority Level Read Insert Modify Delete
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 85% (7 reviews)
The Cash disbursement clerk should have read only access to the PO Receiv...View the full answer
Answered By
Ali Khawaja
my expertise are as follows: financial accounting : - journal entries - financial statements including balance sheet, profit & loss account, cash flow statement & statement of changes in equity -consolidated statement of financial position. -ratio analysis -depreciation methods -accounting concepts -understanding and application of all international financial reporting standards (ifrs) -international accounting standards (ias) -etc business analysis : -business strategy -strategic choices -business processes -e-business -e-marketing -project management -finance -hrm financial management : -project appraisal -capital budgeting -net present value (npv) -internal rate of return (irr) -net present value(npv) -payback period -strategic position -strategic choices -information technology -project management -finance -human resource management auditing: -internal audit -external audit -substantive procedures -analytic procedures -designing and assessment of internal controls -developing the flow charts & data flow diagrams -audit reports -engagement letter -materiality economics: -micro -macro -game theory -econometric -mathematical application in economics -empirical macroeconomics -international trade -international political economy -monetary theory and policy -public economics ,business law, and all regarding commerce
4.00+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Management Leadership questions
-
The General Company has an accounting staff of five employees: a supervisor and four clerks. The daily tasks of each clerk are as follows: Supervisor ( Mary Wild) Checking paperwork 5 hours Filing...
-
The following is a description of manufacturing companys purchasing procedures. All computers in the company are networked to a centralized accounting system so that each terminal has full access to...
-
Mr. and Mrs. Gresko started Gresko Toys in the early 1 960s. Initially, the company was small and few toys were produced. The talent and skills of Mr. Gresko were by far the major assets of the...
-
H. S. Black is noted for developing a negative feedback amplifier in 1927. Often overlooked is the fact that three years earlier he had invented a circuit design technique known as feed forward...
-
Ha: μ1 The null hypothesis is H0: μ1 = μ2 and the alternative hypothesis is as specified. We have provided data from a simple random paired sample from the...
-
a. In 2006, Medicare Part D was created to subsidize spending on prescription drugs. What effect would you expect this expansion to have on pharmaceutical prices? What principle in the chapter would...
-
Why are Cynthia Cooper and Scott Sullivan significant in detecting financial reporting fraud?
-
Simonsen Village is a relatively new community. At the start of the year, the government had no long-term assets or liabilities. In fact, all of the infrastructure (e. g., roads) in the village are...
-
How long will $500,000, in an investment account that earns 3.25% compounded monthly, sustain month-end withdrawals of $3,000? (Do not round intermediate calculations and round up the number of...
-
Mr. Harish Jain, CEO of Energetic Enterprises has established the firm for the manufacture and marketing of an innovative product. The firm earned a reputation for its product within two years of its...
-
A) Using the database table and attribute structures presented in Problem 4-2 create a database authorization table for a Sales Clerk. Structure your response similar to the example provided in...
-
Mega wants to improve response time by distributing some parts of the corporate database while keeping other parts of it centralized. A) Develop a schema for distributing Mega Supply Corporations...
-
A quantity of carbon dioxide is confined in a sealed container. For each of the following cases, estimate the pressure of the carbon dioxide, using both the ideal gas law and the van der Waals...
-
There are two forms of independence: independence in fact and independence in appearance. Both increase credibility and objectivity for financial statement users.Discuss whether these 2 forms of...
-
Ronald has an investment opportunity that promises to pay him $47,000 in four years. He could earn a 7% annual return investing his money elsewhere. What is the most be would be willing to invest...
-
At a constant temperature of 75 degrees Celsius, a 2 Lcontainer of oxygen gas at 10 atm was opened into an evacuatedcontainer with a volume of 400 L. When the pressure inside thesystem reached a...
-
A 50 kg rocket sits on a launch pad. At the end of the countdown, the rocket exerts a force of 1200 N to accelerate upwards. a. Draw a free-body diagram of the rocket before its engines are fired. b....
-
Fie Co. is an engineering company that works in the Energy sector and an oil and gas producer in Turkey. On 21 April 2019, this company entered a contract with Alwand Co. which is from health care...
-
An airline company has been adversely affected by a slump in business travel during the last two years. In addition to lower overall demand, the airline company faces increased competition from other...
-
Define the essential properties of the following types of operating systems: a. Batch b. Interactive c. Time sharing d. Real time e. Network f. Parallel g. Distributed h. Clustered i. Handheld
-
Drawing from your basic accounting knowledge, list the relevant data attributes that constitute the record types below. Identify which attribute is the primary key for the record. Accounts Payable...
-
Explain why an organization would choose to install a distributed instead of a centralized computer environment.
-
Identify and distinguish between the physical and financial components of the expenditure cycle.
-
Dept of Justice, Prosecuting Computer Crimes. Chapter One Computer Fraud and Abuse Act. http://www.justice.gov/criminal/cybercrime/docs/ccmanual.pdf
-
Complete the following for this aComplete the following for this assignment Continue in the same Word file from Week 1 and under Journal 2 heading enter the date and write how you are felling right...
-
Coordinating the different stages of the value chain that become internalized within the firm results in an increase in Blank______ costs
Study smarter with the SolutionInn App