Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

116 Answer if each presented duty pairs are compatible or incompatible. Create General ledger reconciliation account for accounts receivable, sale revenue and sales discounts &

116

Answer if each presented duty pairs are compatible or incompatible.

  • Create General ledger reconciliation account for accounts receivable, sale revenue and sales discounts & Assign item proposal to the customer.

  • Create Customer & Billing the Customer.

  • Create Sales Views For Finished Products & Post Goods Issue.

  • Create Material Prices & Create Sales Order Using Item Proposal.

criteria for question:

Compatible - means that two duties can be done by one person because no chance of fraud being committed.

Incompatible- means duties cannot be done by one person because person can have chance of committing fraud.

- ***Answer if they are compatible or incompatible duties according to criteria above. No numbers or financial figures are involved in this question.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Managerial Accounting

Authors: Susan V. Crosson, Belverd E. Needles

10th edition

1133940595, 978-1133940593

More Books

Students also viewed these Accounting questions

Question

Explain the difference between internal and external fragmentation.

Answered: 1 week ago

Question

_____ 8. the completion of a business deal without the use of money

Answered: 1 week ago

Question

_____ 6. the top trading partner of the United States

Answered: 1 week ago