Question: The Post to General Ledger Application (PGLA) posts summary amounts (totals) of transactions recorded in journals. The PGLA posts the day's total sales from the

The Post to General Ledger Application (PGLA) posts summary amounts (totals) of transactions recorded in journals. The PGLA posts the day's

total sales from the Sales Journal and the day's total debits from of accounts receivable to the general ledger each day at 7 p.m.

A PGLA exceptions report is generated for any processing issues and they are resolved by the IT Department.

The total sales and accounts receivable subledger amounts for the day are reconciled to the day's total sales from the billing process by the

accounting manager (the reconciliations consider the effect of the FOB Destination sales).

Post to general ledger process questions

Section 1: Identifying internal controls

1. What could go wrong in the sales order process?

2. Which assertions are affected by what could go wrong?

3. Which control should management implement to mitigate what could go wrong?

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