AISChapter 11

As discussed in the text, the functions of the B/AR/CR process: - Answer-collects amounts due from customers .According to the concept of segregation of duties, which of the following managers should report to the controller rather than to the treasurer? - Answer-accounts receivable department manager .In an organization in which the OE/S and B/AR/CR processes are separate processes, the B/AR/CR process usually accomplishes all of the following activities except: - Answer-picking goods in the warehouse .Which of the following pairs of functions would you expect might report directly to the vice president of finance? - Answer-treasurer and controller .Which of the following statements regarding Check 21 is false? - Answer-It requires that banks exchange check images. .Which of the following process bubbles (i.e., activities) would you not expect to see in the logical DFD for a B/AR/CR process? - Answer-requisition inventory .Which of the following normally would trigger the billing process in a B/AR/CR process? - Answer-shipping notice .Which of the following normally would trigger the B/AR/CR process to record a customer payment? - Answer-remittance advice .The principal master data that you would expect to see in a B/AR/CR process is the: - Answer-accounts receivable .In a B/AR/CR process, which of the following data stores is least likely to interact with a process called "perform billing"? - Answer-vendor master data .In a logical DFD for a B/AR/CR process, which of the following data stores would you expect to interact with a process called "manage customer accounts"? - Answer-accounts receivable master data .In a logical DFD for a B/AR/CR process, you would expect that a credit memo would be sent by the B/AR/CR process to the customer from which of the following processes? - Answer-manage customer accounts