Match the threats in the first column to the appropriate control procedures in the second column (more than one control may address the same threat).
Threat | Applicable Control Procedures |
____ 1. Uncollectible sales | a. Restricted access to master data |
____ 2. Mistakes in shipping orders to customers | b. Encryption of customer information while in storage |
____ 3. Crediting customer payments to the wrong account | c. Backup and disaster recovery procedures |
____ 4. Theft of customer payments | d. Digital signatures |
____ 5. Theft of inventory by employees | e. Physical access controls on inventory |
____ 6. Excess inventory | f. Segregation of duties of handling cash and maintaining accounts receivable |
____ 7. Reduced prices for sales to friends | g. Reconciliation of packing lists with sales orders |
____ 8. Orders later repudiated by customers who deny placing them | h. Reconciliation of invoices with packing lists and sales orders |
____ 9. Failure to bill customers | i. Use of bar codes or RFID tags |
____ 10. Errors in customer invoices | j. Periodic physical counts of inventory |
____ 11. Cash flow problems | k. Perpetual inventory system |
____ 12. Loss of accounts receivable data | l. Use of either EOQ, MRP, or JIT inventory control system |
____ 13. Unauthorized disclosure of customer personal information | m. Lockboxes or electronic lockboxes |
____ 14. Failure to ship orders to customers | n. Cash flow budget |
o. Mailing of monthly statements to customers | |
p. Credit approval by someone not involved in sales | |
q. Segregation of duties of shipping and billing | |
r. Periodic reconciliation of prenumbered sales orders with prenumbered shipping documents |
We need at least 10 more requests to produce the solution.
0 / 10 have requested this problem solution
The more requests, the faster the answer.