Question: Accounting Information System related question. You work for a Shell gas station in Edmonton. At the end of each day, the gasoline in the underground

Accounting Information System related question.

Accounting Information System related question.
You work for a Shell gas station in Edmonton. At the end of each day, the gasoline in the underground tanks is measured using a dip stick and a purchase order (PO) is faxed to a refinery if the tank level falls below 20% of the tank capacity. Gasoline is received at the gas station within 24 hours of the refinery receiving the faxed PO. Invoice is received with the delivery. Accountant enters the invoice in the accounting system after checking the invoice against the PO and quantity received. The owner signs and mails the cheques after reviewing the supporting documentation. Owner of the Shell gas station in Edmonton also owns two other Shell gas stations - one in Red Deer and one in Calgary. To limit his liability, the owner has incorporated separate corporations for each gas station location. Currently, each location has its own accountant who enters transactions in an accounting system installed on a local computer. For this scenario, answer the following questions: 1. Explain how automation or the use of technology may streamline the processes between the gas station and the refinery. 2. Provide advantages and risks of having one cloud based accounting system for all three locations 3. If the owner fills up his own automobiles without paying, how would you deal with this situation? TE

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