a. Southwest is involved only in medical services and has not diversified its operations. b. Computer
Question:
a. Southwest is involved only in medical services and has not diversified its operations. \ b. Computer software cannot be modified by Southwest's employees. \ c. The office manager approves the extension of credit to patients and also approves the write-offs of uncollectible patient receivables. \ d. None of the employees who perform duties in the revenue-generating and revenue-recording functions are able to write checks. \ e. Clerk #2 maintains the accounts receivable records and can add or delete information on the PC. \ f. The physician who renders the medical services documents the services on a prenumbered slip that is used for recording revenue and as a receipt for the patient. \ g. Clerk #2 receives cash and checks and prepares the daily bank deposit.
Principles of Auditing and Other Assurance Services
ISBN: 978-0078025617
19th edition
Authors: Ray Whittington, Kurt Pany