Match the flowchart or DFD segments in the right column to an appropriate description in the left
Question:
DFD€™s
1. Statements are prepared and sent to customers from data contained in the accounts receivable data store.
2. A vendor sends a sales invoice to the accounts payable process.
3. The cash receipt process updates the cash receipts data store.
Flowcharts
4. A 2-part check is manually prepared from data on a vendor invoice.
5. The system prepares a check that is mailed to the customer.
6. A report is prepared from data stored on magnetic tape.
7. Billing data are entered into a system from a terminal and used to update both the sales order data base and the customer data base.
8. Data from a cancelled paper invoice are used to update the cash disbursements file.
9. The system prepares two copies of a sales order; one copy is sent to the customer and the other is filed.
10. An accounts receivable aging report is prepared from the accounts receivable master file and the cash receipts master file.
Accounts payable (AP) are bills to be paid as part of the normal course of business.This is a standard accounting term, one of the most common liabilities, which normally appears in the balance sheet listing of liabilities. Businesses receive... Accounts Receivable
Accounts receivables are debts owed to your company, usually from sales on credit. Accounts receivable is business asset, the sum of the money owed to you by customers who haven’t paid.The standard procedure in business-to-business sales is that...
Step by Step Answer:
1 Statements are prepared and sent to customers from data contained in the accounts receivab...View the full answer
Accounting Information Systems
ISBN: 978-0133428537
13th edition
Authors: Marshall B. Romney, Paul J. Steinbart
