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Accounting Information Systems

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Write a 500- to 600-word report using word-processing software in which you summarize your thoughts and answers to all parts of the question (a through c). Be sure to provide your rationale for your answers

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Write a 500- to 600-word report using word-processing software in which you summarize your thoughts and answers to all parts of the question (a through c). Be sure to provide your rationale for your answers
The weaknesses relating to the purchases and payments of the so-called special orders by the Diamond Manufacturing Company are that it is not clear how one of the five buying agents is selected. The second weakness is that by phoning the vendors and getting verbal quotations from them and placing a verbal order with them. The third weakness is that the receiving clerk forwards the stamped purchase order and equipment to the requisitioning department head and verbally notifies the purchasing department that the goods were received. These three are weaknesses because the selection of the buying agents arbitrarily can lead to certain ...

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