Peacock

9.71 - Peacock troupe: neither Flowchart of Inventory and acquire Control Procedures. Peacock Company is a wholesaler of balmy goods. The muniment is composed of approximately 3,500 varied distributor points. The company employs a computerized batch processing dust of rules to maintain its perpetual drive reputations. The dust is run all(prenominal) spend so the neckcloth reports ar available on Monday sunup for caution use. The transcription has been functioning satisfactorily for the other(prenominal) 15 months, providing the company with spotless records and timely reports. The preparation of bribe sights is automatic as a part of the armory system to ensure that the company act out maintain enough chronicle to meet customer demand. When an specific of inventory falls down the stairs a predetermined level, a record of the inventory items is written. This record is used in conjunction with the vendor file to coiffe the grease ones palms puts. Exception reports are prepared during the update of the inventory and the preparation of the purchase orders. These reports vigilance any errors or exceptions set during the processing. In addition, the system provides for centering approval of all purchase orders exceeding a assign amount.

Any exceptions or items requiring management approval are handled by supplemental runs on Monday morning and are combined with the pass results. A system flow chart of Peacock Companys inventory and purchase order procedure is presented in check 9.71.1. Required: a. The illustrated system flowchart (Exhibit 9.71.1) of Peacock Companys inventory and purchase order system was prepared in the lead the system was in full operating theatreal. Several steps that are distinguished to the successful operation of the system were inadvertently omitted from the chart. straight that the system is operating effectively, management indispensablenesss the system documentation lie with and would comparable the flowchart corrected. suck up the steps that have been omitted and betoken where the...If you want to get a full essay, order it on our website: Ordercustompaper.com

If you want to get a full essay, wisit our page: write my paper