Required Information Question Set 10-1 (Static): Order-To-Cash (LO 10-1) The order-to-cash (02C) process, or sales cycle, involves three main processes: 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 the calculation of bad debts expense. Managers are concerned with making the process as efficient as possible to ensure increased sales volume, sufficient profitability, and fast cash collection. Auditors should test sales transaction and master data to ensure that only authorized users are processing orders, that sales prices match master data and aren't altered, and that customers aren't exceeding approval limits. In addition, auditors use accounts receivable aging schedules to evaluate outstanding balances. The O2C tables follow the UML diagram shown in Exhibit 10-1. EXHIBIT 10-1 Click here for full size Exhibit 10-1. Data: 10-1 02C Data.zip - 1.9MB Zip/ 2.0MB Excel QS 10-1 Part 4 (Static) Instruction: What Else Can You Determine about the O2C Process? (LO 10-1) We've discussed a few different ways to analyze O2C data to understand the processes and controls. Now it's your chance to find answers to your own questions. Identify five questions that you think management, auditors, or financial analysts would want to know about the O2C process. If you need help, search for some common questions asked by accountants on the Internet. Using the data you have already loaded into Power BI or Tableau, generate at least three visualizations that will help you find the answers to your five questions. Load them into a report or dashboard, and take a screenshot of your dashboard analyses (label It 10-1D).