Using the following table as a guide, describe for each function (see Figure 11.1): A risk (an event or action that will cause the organization to fail to meet its goals/objectives). A control/process or use of technology that will address the risk. Function Risks Controls and Technology Marketing Finance Billing AR (debit) Sales (credit) Collections Cash (debit) AR (credit)
Using the following table as a guide, describe for each function (see Figure 11.1): A risk (an event or action that will cause the organization to fail to meet its goals/objectives). A control/process or use of technology that will address the risk. Function Risks Controls and Technology Marketing Finance Billing AR (debit) Sales (credit) Collections Cash (debit) AR (credit)
Chapter7: Accounting Information Systems
Section: Chapter Questions
Problem 28MC: Big data is mined ________. A. to find business trends B. to record transactions C. as an...
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Using the following table as a guide, describe for each function (see Figure 11.1):
-
A risk (an event or action that will cause the organization to fail to meet its goals/objectives).
-
A control/process or use of technology that will address the risk.
Function
Risks
Controls and Technology
Marketing
Finance
Billing
AR (debit)Sales (credit)
Collections
Cash (debit)
AR (credit)
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