1. Creating a Flowchart based on the following information about how the University of Orlando orders textbooks. Identify the most important elements in the process that will be necessary to create financial reports:

Book Buying Process - University of Orlando Bookstore

Ordering textbooks at a college bookstore is a huge task that requires good organization, communication, and coordination skills.

The process begins when teachers decide which textbooks they want to use. Teachers communicate relevant information about the textbook (title, author, ISBN, edition, publisher, copyright date) to a department head or secretary, who consolidates all requests.

That communication can be done through a paper form or an email. In either case, the department representative prepares a standard college book request form in triplicate: one copy for the requesting faculty member, one for the department, and one for the bookstore.

The bookstore receives and consolidates application forms from across the university and prepares purchase orders for textbook publishers. Each purchase order has three copies: one for the publisher, one for the purchasing department, and one for the accounting department.

When the publisher ships the books, the bookstore's receiving department prepares two copies of a receiving report; one is filed to indicate that the goods were received, while the second is forwarded to the accounting department. The publisher sends a statement (invoice) directly to the accounting department.

Once all three documents have been collated and verified, the accounting department issues a check or sends an electronic funds transfer to the publisher. The bookstore staff then sorts the books by class and stocks the shelves, where the books wait for students to purchase.