The attached flowchart for the accounts payable/cash disbursements (AP/CD) process has certain items omitted, marked by...
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The attached flowchart for the accounts payable/cash disbursements (AP/CD) process has certain items omitted, marked by the letters A through I. The omitted items are provided in the list below. LIST OF OMITTED ITEMS FOR SYSTEMS FLOWCHART FOR AP/CD Description Compare incoming invoices to purchase order and receiving report data and record accounts payable and general ledger data Display of proposed payments Enterprise database Exception routine not shown Item 1. 2. 3. 4. 5. Payment totals 6. Prepare payment order and remittance advice, update accounts payable and general ledger data for payment, display payment totals 7. Select payments and calculate batch totals 8. Translate from electronic data interchange (EDI) and record incoming invoices 9. VAN (Value Added Network) REQUIRED: Complete the attached flowchart for the AP/CD process by placing one of the numbers, 1 through 9 from the above list, to match the letters showing the missing items A through I. COMPUTER VAN A D FLOWCHART FOR THE AP/CD PROCESS M-3 M-4 P-1 AP Clerk Would Handle Any Exceptions P-2 M-2 M-1 B P-6 I P-3 P-4 F Display Proposed Payments Translate Payment Order and RA to EDI Format CASH DISBURSEMENTS Each Day E Enter Payment Data -1 P-5 H The attached flowchart for the accounts payable/cash disbursements (AP/CD) process has certain items omitted, marked by the letters A through I. The omitted items are provided in the list below. LIST OF OMITTED ITEMS FOR SYSTEMS FLOWCHART FOR AP/CD Description Compare incoming invoices to purchase order and receiving report data and record accounts payable and general ledger data Display of proposed payments Enterprise database Exception routine not shown Item 1. 2. 3. 4. 5. Payment totals 6. Prepare payment order and remittance advice, update accounts payable and general ledger data for payment, display payment totals 7. Select payments and calculate batch totals 8. Translate from electronic data interchange (EDI) and record incoming invoices 9. VAN (Value Added Network) REQUIRED: Complete the attached flowchart for the AP/CD process by placing one of the numbers, 1 through 9 from the above list, to match the letters showing the missing items A through I. COMPUTER VAN A D FLOWCHART FOR THE AP/CD PROCESS M-3 M-4 P-1 AP Clerk Would Handle Any Exceptions P-2 M-2 M-1 B P-6 I P-3 P-4 F Display Proposed Payments Translate Payment Order and RA to EDI Format CASH DISBURSEMENTS Each Day E Enter Payment Data -1 P-5 H
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Auditing and Assurance services an integrated approach
ISBN: 978-0132575959
14th Edition
Authors: Alvin a. arens, Randal j. elder, Mark s. Beasley
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