Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

what it controls should prevent/detect the following threats? explain 1. The data entry clerk mis-keys the customer number for a customer order, so the goods

what it controls should prevent/detect the following threats? explain

1. The data entry clerk mis-keys the customer number for a customer order, so the goods are sent to the wrong address and charged to the wrong customer.

2.An accounts payable clerk changes the bank details for a vendor to her own, enters a duplicate vendor invoice, and pays the amount to herself.

3.The sales system generates shipping documents as authority for shipment to customers, but some shipments are not invoiced to customers.

4.The computer program processing sales incorrectly calculates GST.

5.The data entry clerk entering vendor invoices for acquisitions keys a non-existing expense account number, and so no expense was debited for this invoice.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored 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

Financial Accounting In An Economic Context

Authors: Jamie Pratt

3rd Edition

0538855843, 978-0538855846

More Books

Students also viewed these Accounting questions

Question

=+How would you change the tone of voice?

Answered: 1 week ago