At Kornsen Industries, the revenue processes are conducted by five employ-

ees. The five employees are the sales clerk, warehouse clerk, accountant 1,

accountant 2, and the collection clerk. A description of their duties is as

follows:

a. The sales clerk receives customer orders by phone. She prepares a four-

copy sales order form. She files one copy, one copy goes to the ware-

house clerk, one copy goes to accountant 1, and one copy is mailed to

the customer.

b. After receiving a sales order, the warehouse clerk prepares a packing

slip, takes the proper items from the warehouse, and ships them with

the packing slip enclosed. The sales order is stamped with the ship date,

and the shipping log is updated. The sales order is filed by customer

number.

c. After receiving the sales order from the sales clerk, accountant 1

reviews the customer records and either approves or disapproves cus-

tomer credit. If he approves the customer's credit, he stamps the sales

order "approved" and forwards it to accountant 2. Accountant 1 pre-

pares a three-copy invoice. One copy is mailed to the customer, one

copy is forwarded to accountant 2, and one copy goes to the collection

clerk.

d. Accountant 2 matches the approved sales order to the invoice and files

these by customer number.

e. After receiving a copy of the invoice, the collection clerk posts the sale

to the sales journal and the accounts receivable subsidiary ledger. Daily

totals from the sales journal are sent to accountant 1, and she posts these

sales summaries to the general ledger.

f. A mail clerk forwards customer checks to the collection clerk. The col-

lection clerk stamps the check "For Deposit Only" and records it in the

accounts receivable subsidiary ledger. The check is also recorded in the

cash receipts journal by the collection clerk. The collection clerk deposits

checks in the bank account weekly. A weekly summary of cash receipts

is forwarded to accountant 2, and she records these summaries in the general ledger

****list at least 5 weaknesses