Questions from Accounting Information Systems


Q: Why is it important to establish and monitor credit limits for customers

Why is it important to establish and monitor credit limits for customers?

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Q: Distinguish between a pick list and a packing slip.

Distinguish between a pick list and a packing slip.

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Q: How can an effective system of internal controls lead to increased sales

How can an effective system of internal controls lead to increased sales revenue?

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Q: Why should the person responsible for shipping goods to customers not also

Why should the person responsible for shipping goods to customers not also have responsibility for maintaining records of customer accounts?

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Q: How can a security guard in a warehouse be considered an important

How can a security guard in a warehouse be considered an important component of a company’s accounting system?

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Q: How could fraud be perpetrated through the sales returns process?

How could fraud be perpetrated through the sales returns process?

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Q: Two feasibility studies occur during the SDLC: one during systems planning

Two feasibility studies occur during the SDLC: one during systems planning and one during systems design. Describe the differences between these two feasibility studies.

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Q: Identify and distinguish between the three types of IT systems used in

Identify and distinguish between the three types of IT systems used in the sales process.

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Q: Identify two of the biggest risks to companies who use e‐

Identify two of the biggest risks to companies who use e‐commerce, along with controls to prevent these risks.

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Q: What controls should a company implement to ensure consistency of sales information

What controls should a company implement to ensure consistency of sales information between the front end and back end of its systems?

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