The functions in a typical wholesaling company which sells on credit may be described as follows:

1. Order department

2. Warehouse

3. Dispatch

4. Invoicing

5. Recording of sales

6. Receipts mailroom/cashier

7. Recording of receipts

8. Credit Management

9. MD's office

10. Receptionist

You are required to indicate the function under which each of the control procedures listed above is most likely to occur:

a) The credit manager sign the ISOs before they are sent to the warehouse

b) The financial accountant, SYD Saddel inspects the daily bank deposit slips and investigates any unexpected gaps in dates

c) Prenumbered receipts are written out for all cheques received from debtors. Most debtors pay their accounts by EFT.

d) Monthly statements are sent promptly to debtors

e) The gate controller confirms (by counting) that the number of boxes on the delivery truck agrees to the number of boxes per the delivery note held by the driver

f) On delivery of goods to the customer, the customer is required to sign the delivery note

g) A monthly age analysis of debtors is printed off the system and debtors are contacted by phone and mail if they have exceeded their credit terms

h) Every Friday the senior sales clerk follows up on the list of ISOs which have not "converted to picking slips i.e. the goods to fill the order have not been picked.

i) The warehouse foreman checks goods picked to the picking slip

j) Every morning one of the cash book clerks download the bank statements to identify and record EFTs from debtors