For your initial discussion post, identify the internal control strengths $in$ PEI$s$ system, $as$ described $in$ the case study below. Find $at$ least five ways $in$ which PEI$s$ processes are exhibiting good internal control.

Please keep $to$ the case study contents. $Do$ not include things not mentioned. There $is$ also $an$ operational issue that $isso$ glaring that $it$ would never happen $in$ the real world.

You will $be$ graded $on$ the following criteria:

Knowledge $of$ strengths $in$ internal control

Knowledge $of$ segregation $of$ duties $(authorization,$ recording, custody$)$

Case Study

Peyton Electronics, Inc $(PEI)is$ a small wholesale discount supplier $of$ electronic instruments and parts. PEI$s$ competitive advantage $is$ its deep$-$discount, three$-$day delivery guarantee, which allows retailers $to$ order materials often $to$ minimize $in-$store inventories. PEI processes its records with stand$-$alone, incompatible computer systems except for integrated enterprise resource planning $(ERP)$ inventory and accounts receivable modules. PEI decided $to$ finish integrating its operations with more ERP modules, but because $of$ cash flow considerations, this needs $tobe$ accomplished $on$ a step$-by-$step basis.

$It$ was decided that the next function $tobe$ integrated should $be$ sales order processing $to$ enhance quick response $to$ customer needs. PEI implemented and modified a commercially available software package $to$ meet PEI$s$ operations. $Inan$ effort $to$ reduce the number $of$ slow$-$paying $or$ delinquent customers, PEI installed Web$-$based software that links $to$ the Web site $of$ a commercial credit rating agency $to$ check customer credit $at$ the time $of$ purchase. The following are the new sales order processing system modules: