This is questions of Accounting Information Systems

- 5) Which of the following is the coding technique where series of numbers are reserved for specific categories of data so that users can identify an item's type and/or model using code numbers? (I point) a. Sequence code b. Block code c. Group code d. Mnemonic code 6) What is a document that authorizes the billing department to credit a customer's account for a return and/or allowance? (1 point) a. Purchase order b. Debit memorandum c. Credit memorandum d. Procurement card -7) Unfortunately, the billing clerk at Boards of Canada Filming has failed to bill one of their customers for a product. What control could the company have designed and implemented to most effectively combat this threat? Data entry edit controls [edit tests] b. a. Configure system for automatic entry of price data Separation of duties c. d. Reconcile invoices with sales orders and shipping documents 8) Which of the following is a document that formally requests a supplier to sell and deliver specified products at designated prices? a. Purchase order Purchase requisition c. Sales order d. Production order 9) After creating a receiving report, the receiving clerk at Four Tet Industries notes that a delivery of 10 units has been received, but the purchase order specified 12 units. Consequently, the receiving clerk informs the purchasing department manager, who then prepares a debit memo to adjust for the difference between the quantity ordered and received. What is wrong with this procedure? A credit memo should be prepared instead of a debit memo b. a. The receiving clerk should prepare the debit memo The supplier should prepare the debit memo c. d. There is nothing wrong with this procedure 10) Unfortunately, the payroll manager at Mouse on Mars Inc. has encountered payroll processing errors. What control could the company have designed and implemented to most effectively combat this threat? Data entry edit controls [edit tests] Data processing integrity controls Access controls Source data automation a. b. c. d. Spring 2019