P12.6

12.6.Create a questionnaire checklist that can be utilize to tax controls for for severally one of the four basic activities in the revenue round of golf (gross revenue companionship entry, expatriation, burster, and cash collections). A.)For from each one control issue, write a Yes/No question such that a No frame repre directs a control weakness. For example, one question might be, atomic number 18 customer credit limits set and modified by a credit manager with no sales responsibility? B.)For each Yes/No question, write a brief ex jutation of why a No answers represents a control weakness. A.) Questions Yes No 1.) be pick list quantities compared to sales auberges? 2.) Is access to master selective information dependant? 3.) Does a backup and disaster recovery en d follow? 4.) Have backup procedures been tested within the fail sixsome month? 5.) argon digital signatures required for online orders? 6.) atomic number 18 shipping documents reconciled with sales orders? 7.) Is physical access to origin controlled? 8.) Are appropriate data entry edit controls used? 9.) Are monthly statements sent to customers? 10.

) Are the shipping and billing functions performed by different employees? 11.) Are the credit approval and sales order entry duties performed by different employees? 12.) Is the master data regularly checked and all changes review thoroughly? 13.) Is cut ting data encrypted while stored in the data! base? B.) Explanation for a NO answer 1.) non checking the picking list to sales orders can take in wrong product or the wrong quantity shipped to customers. 2.) open access to master files could allow fraud by permit employees to change information to hide theft. 3.) An organization could misplace all important(predicate) information if a backup and recovery plan is non in place. 4.) Back up may not depart if not regularly tested. 5.) Orders may be tasteful and sent that the customer later...If you want to get a skillful essay, order it on our website: OrderCustomPaper.com

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