CAS3701 Assignment 6
(COMPLETE ANSWERS)
2025 - DUE 19
September 2025
[Document subtitle]
[School]
[Course title]
, CAS3701 Assignment 6 (COMPLETE ANSWERS) 2025 - DUE 19 September 2025
Course
Capstone in Accounting Sciences (CAS3701)
Institution
University Of South Africa (Unisa)
Book
Accounting
CAS3701 Assignment 6 (COMPLETE ANSWERS) 2025 - DUE 19 September 2025; 100% TRUSTED
Complete, trusted solutions and explanations.
Background ElectroMart Limited (ElectroMart) is a well-known South African retailer,
specialising in consumer electronics, home appliances, and office supplies. The company
operates nationwide and has recently expanded its operations into neighbouring countries.
ElectroMart serves a broad customer base, ranging from individual consumers to large
corporations. The company's sales team comprises 30 sales representatives, divided equally into
three key provincial areas: Western Cape, Gauteng, and KwaZulu-Natal. These representatives
are Identify and explain four key business risks arising from ElectroMart’s current sales
recording process. For each risk identified, discuss the potential impact on the business if the
risk is not effectively managed. 6. After introducing the revised compensation plan, what Key
Performance Indicators (KPIs) should ElectroMart’s management monitor to identify early signs
of poor performance or potential risk in the plan? For each KPI, explain what it measures and
how it can help management take corrective action. responsible for managing customer
relationships and promoting ElectroMart’s products in their areas. What would you do if you
were John? Would you report the sale accurately, or would you misclassify it to meet the quota?
Discuss the possible implications for John and How could the revised commission structure
increase the risk of material misstatement in Revenue? Discuss the risk as well as its impact. 6.
Assume you are the auditor of ElectroMart. What substantive audit procedures would you
perform to verify that commission expenses are accurately and completely recorded for the
year ended 31 December 2024 ElectroMart. 4. What manual and computer controls could
ElectroMart implement to ensure that the sales representatives do not record fictitious new
sales? Although the sales team works in different provinces, ElectroMart ensures that all
operations follow the same standards and provide the same level of customer service, ensuring
that customers have a consistent experience across all provinces. ElectroMart has a 31
December year-end. 2. Salary and commission ElectroMart’s sales team, made up of the 30
(COMPLETE ANSWERS)
2025 - DUE 19
September 2025
[Document subtitle]
[School]
[Course title]
, CAS3701 Assignment 6 (COMPLETE ANSWERS) 2025 - DUE 19 September 2025
Course
Capstone in Accounting Sciences (CAS3701)
Institution
University Of South Africa (Unisa)
Book
Accounting
CAS3701 Assignment 6 (COMPLETE ANSWERS) 2025 - DUE 19 September 2025; 100% TRUSTED
Complete, trusted solutions and explanations.
Background ElectroMart Limited (ElectroMart) is a well-known South African retailer,
specialising in consumer electronics, home appliances, and office supplies. The company
operates nationwide and has recently expanded its operations into neighbouring countries.
ElectroMart serves a broad customer base, ranging from individual consumers to large
corporations. The company's sales team comprises 30 sales representatives, divided equally into
three key provincial areas: Western Cape, Gauteng, and KwaZulu-Natal. These representatives
are Identify and explain four key business risks arising from ElectroMart’s current sales
recording process. For each risk identified, discuss the potential impact on the business if the
risk is not effectively managed. 6. After introducing the revised compensation plan, what Key
Performance Indicators (KPIs) should ElectroMart’s management monitor to identify early signs
of poor performance or potential risk in the plan? For each KPI, explain what it measures and
how it can help management take corrective action. responsible for managing customer
relationships and promoting ElectroMart’s products in their areas. What would you do if you
were John? Would you report the sale accurately, or would you misclassify it to meet the quota?
Discuss the possible implications for John and How could the revised commission structure
increase the risk of material misstatement in Revenue? Discuss the risk as well as its impact. 6.
Assume you are the auditor of ElectroMart. What substantive audit procedures would you
perform to verify that commission expenses are accurately and completely recorded for the
year ended 31 December 2024 ElectroMart. 4. What manual and computer controls could
ElectroMart implement to ensure that the sales representatives do not record fictitious new
sales? Although the sales team works in different provinces, ElectroMart ensures that all
operations follow the same standards and provide the same level of customer service, ensuring
that customers have a consistent experience across all provinces. ElectroMart has a 31
December year-end. 2. Salary and commission ElectroMart’s sales team, made up of the 30
