Question: Crystal Corporation processes its journal vouchers using batch procedures similar to the process outlined in Figure in the text. To improve customer satisfaction, the sales
Crystal Corporation processes its journal vouchers using batch procedures similar to the process outlined in Figure in the text. To improve customer satisfaction, the sales system is going to be converted to a real-time system. Redraw Figure to ref1ect this change in the financial reportingprocess.
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FINANCIAL REPORTING PROCESS TPS, Daily Procedures GLS, Periodic (Hourly, Daily, Etc.) FRS, End of Period Balancos for Economic Event Pst Capaure 4 PostGanoral Prepare Post Closing Tra Vouchar 0 Closing Vouchar tod Trial Adjustod Tral Ba 9 Prepare Stataments Propara Entrios and Post to GL Lodgar
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See drawing on the following page The only change made is that the daily sales transactions are used ... View full answer
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