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I am really needing help please with the two end of chapter questions!! Assignments from the end of chapters: Problem 12-16 12-16. Which accounting software

I am really needing help please with the two end of chapter questions!!

Assignments from the end of chapters:

  1. Problem 12-16

12-16. Which accounting software features are likely to be most important for the following businesses? Search the Internet for an example of an accounting information system that you would recommend for each of these owners and include your rationale for that product.

  1. a boutique shop that sells trendy ladies clothing
  2. a small business specializing in custom golf clubs, replacement shafts for clubs, replacement grips for clubs, and similar repairs
  3. a local CPA firm with three partners, five associates, and two administrative employees
  4. a pet breeder that specializes in Burmese kittens
  5. a business that sells and rents Segways in Washington, DC
  6. a high-end men's clothing business that has four stores that are all located in the same large metropolitan city (56 employees), but whose owner is contemplating additional locations for stores in nearby cities

  1. Problem 13-16

13-16. Listed below are 12 internal control procedures or requirements for the expenditure cycle (purchasing, payroll, accounts payable, and cash disbursements) of a manufacturing enterprise. For each of the following, identify the error or misstatement that would be prevented or detected by its use.

  1. Duties are segregated between the cash payments and cash receipts functions
  2. Signature plates are kept under lock and key
  3. The accounting department matches invoices to receiving reports or special authorizations before payment
  4. All checks are mailed by someone other than the person preparing the payment voucher
  5. The accounting department matches invoices to copies of purchase orders
  6. The blank stock of checks are kept under lock and key
  7. Imprest accounts for payroll are used
  8. Bank reconciliations are performed by someone other than the one who writes checks and handles cash
  9. A check protector is used.
  10. Surprise counts of cash funds are periodically conducted
  11. Orders are placed with approved vendors only
  12. All purchases are made by the purchasing department

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