Project Instructions ACC $642$ Objective: As a manager, auditor, or financial accountant, your role is to understand how different business processes operate and ensure appropriate controls are in place. The Order$-$to Cash $($O$2$C$)$ process, or sales cycle, involves three main subprocesses: $1.$ Sales order processing $2.$ Order fulfillment and shipping $3.$ Billing and cash collections $$ Financial accountants are interested in determining the amount of sales revenue on the income statement and accounts receivable balance on the balance sheet, as well as calculating bad debts expenses. $$ Managers focus on making the process as efficient as possible to ensure increased sales volume, sufficient profitability, and fast cash collection. $$ Auditors test sales transactions and master data to ensure only authorized users process orders, sales prices match master data without unauthorized alterations, and customers do not exceed approval limits$.$