Question 5 Develop a document flowchart for the following credit control activity at 1z- zy's Ice Creams: * The Application for Credit is received from the customer by the Cus- tomer Support Clerk in the Marketing Department. * The Customer Support Clerk registers the receipt of the Application in the Documents Received log. The Application is sent to the Document Control Clerk (in the Credit De- partment) who opens a new Customer Credit Master File, and files the Application in the file. If the Application is for an existing customer, it is attached to the front of the customer's existing file. * The Document File Clerk enters into a Document Control Register that the Customer Credit Master File is being sent to a Credit Investigation Clerk. * The Application, with the whole Customer Credit Master File if relevant, is then given to a Credit Investigation Clerk who initiates and performs the relevant credit check. * On completion of the credit check, the Credit Investigation Clerk sends the Application, with any credit reports or documentation to support the action, whether approved or denied, to the Credit Manager for au- thorisation of the credit approval or rejection. * On receipt of the authorised Application, the Credit Investigation Clerk sends a letter to the client with a copy to the Marketing Clerk advising the action taken. * The Approved Application and a copy of the letter is then filed in the Cus- tomer Credit Master File. * The Application is then returned with the Customer Credit Master File to the Document Control Clerk who registers the amended file's return and files itin the filing area. Question 6 Designing a new accounting system for an improved general ledger requires consideration of a number of factors. These include: * Management and responsibility structures * Reporting objectives * Operating and output schedules * Levels of security Other internal control requirments of the management information sys- tem Required: Briefly describe what each of these terms mean and provide an ex- ample of each