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The four event ts-processing functions that constitute the segregation of duties control plan are A. Authorizing events B. Executing events C. Recording events D. Safeguarding
The four event ts-processing functions that constitute the segregation of duties control plan are A. Authorizing events B. Executing events C. Recording events D. Safeguarding resources Required processing a sales event and seven relating to the cycle for a purchase event. Classify each of the twelve activities into one of the four functional categories listed above by placing the letter A, B, C, or D on the answer line to the left of each number. You should use only one letter for each of the answers. Below is a list of ten events-processing activities, five relating to the cycle of activities involved in EVENT-PROCESSING ACTIVITIES 1. The order entry department instructs the shipping department to ship goods to a customer by sending an approved document to the shipping department. The shipping department keeps inventory items in a locked storeroom. The billing department prepares and mails a bill to the customer. The invoice in item 3 is added to the customer balance in the accounts receivable 2. 3. master data. The general ledger bookkeeper enters a sales event in a data file. (For a purchase event) The purchasing department is requested to order goods. The purchasing department receives a signed request document from the inventory control department. The purchasing department manager reviews and signs all order documents in excess of $100. The goods are received from the vendor. he receiving department completes the receiving report
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