Refer to effectiveness goals A and B shown in the control matrix in Figure. For each activity (accounts payable and cash disbursements), describe goals other than the one discussed in thechapter.

Control Goals of the AP/CD Business Process Control Goals of the Operations Process Control Goals of the Infomnation Process Ensure effident Ensure security of resources (cash, accounts payable master data) employment of resources For vendor For payment For accounts data, ensure: UC effectiveness of operations master payable master computers) ensure data, ensure ersure Recommended Control PlarsS Present Controls P-1: Independent validation IC IA UC IC IA UA P-1 of vendor invoices P-2: Match invoice, purchase P-2 P-2 P-2 order, and receiving report P-3: Tickler file of payments P-3 P-3 P-3 P-4: Independent authorizabon to make payment P-4 P-5: Agreement of run-toun totals (reconcile input-outbut batch totals) P-5 P-5 P-6: Digital signatures P-6 P-6 P-6 P-6 Missing Controls M-1 Tickler fle of open purchase orders and receiving M-1 M-1 M-2 M-2 M-2: Agreement of run-to-run totas (reconcile input-output batch totals) M-2 M-2 M3: Cash planning report M-3 M-4: Recondle bank account -4 -4 -4 Possible effectiveness goals indude the following: A-Optmize cash dscounts B-Ensure that the amount of cash maintained in demand deposit accounts is sufficient (but not excessive) to satisfy expected cash disbursements See Exhbit 13.1 for a complete explanation of control plans and cell entries IV- input validity IC input completeness A input accuracy UC update completeness UA update accuracy