Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Cloud 9 - Continuing Case You have been asked to in the planning and development of audit data analytics as a substantive test for

image text in transcribedimage text in transcribedimage text in transcribed

Cloud 9 - Continuing Case You have been asked to in the planning and development of audit data analytics as a substantive test for Cloud 9. Cloud 9 uses an evaluated lueipt settlement system (see Chapter 12) that involves electronic invoice presentment and payment (EIPP) for of its purchase transactions. The following information is cap- tured electronically within this system. Database Vendor Master File EIPP DatabaseC Field code vendor_ID vendor_ADD Vendor CITY venaor_STATE Vendor PC Vendor_COUN Vendor _ Bank Account Number Vendor Credit Limit vendor ID EIPP NO Field Description A unique identitication number ror each vendor Vendor's mailing address excluding city, state, post (zip) code City associated with Vendor_ADD State associated with Vendor_ADD Vendor post (zip) ccxie Country im(Eiated with Vendor_ADD Routing number and account number for vendor Amount or credit extended by tne vendor A unique identification number for each vendor A unique transaction number that follows each transaction Trom order (serves as purchase order number), through shipment (serves a shipment number), receiving (serves as receiving number), invoicing (seres an ASN number), recording of the liability (serves as voucher number) and payment (number identified on payment). Data Type 6-digit number Numeric data Y-digit number 6-dlgit number 14-digit number Data Input By Cloud 9 Cloud 9 Cloud g Cloud 9 Cloud 9 Cloud 9 Cloud 9 Cloud 9 Cloud 9 Cloud 9 and Vendor

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered 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

Management Leading And Collaborating In A Competitive World

Authors: Thomas S Bateman, Scott A Snell, Robert Konopaske

15th International Edition

978-1265051303

Students also viewed these Accounting questions