User Account

All Pages

Does sales representatives should be involved in checking

Assignment Help Financial Management
Reference no: EM132324758

Question

Question on Accounting Information System, Revenue Cycle:

Which department should control customers accounts and ensures that no discrepancies happen between sales orders and credit?

Does sales representatives should be involved in checking and investigating discrepancies?

Shall sales rep should have authority to decide discrepancy's amount either collectable or requests the billing team to issue a credit note?

Can Accounts reconciliation team apply the credit note to clear the discrepancies or it should be done by Credit department?

Reference no: EM132324758

Questions Cloud

Compute the present value of the bonds future cash flows : The relationship between the market rate of a bond and the rate of return on the borrowed funds affects the company's return on equity.
Which forecasting method will be best fit for each product : Please suggest which forecasting method will be the best fit for each products and reason for choosing the forecasting method in brief
How should segregation of duties and authorization should be : How should segregation of duties and authorization should be distributed on all departments involved in Revenue Cycle of a Company?
What type of leader is indra nooyi : What type of leader is Indra Nooyi? Explain. What leadership style Indra Nooyi has? Explain
Does sales representatives should be involved in checking : Shall sales rep should have authority to decide discrepancy's amount either collectable or requests the billing team to issue a credit note?
Explain three purposes of the adjusting entries at year end : Explain 3 purposes of the adjusting entries at year end. What are the consequences for failure to make adjusting entry for accrued expenses at the year end?
How does governance affect vision of health care treatment : How does governance affect the vision of health care treatment? How does health care need to change to achieve better outcomes
Is this systematic risk or unsystematic risk : Global markets for the Company's products and services are highly competitive, Is this systematic risk or unsystematic risk? And why?
What amount of cash would keaton have received : Assume that Lewis was personally insolvent and could not contribute any assets to the partnership, while Keaton and Meador were both solvent.

Reviews

Write a Review

Financial Management Questions & Answers

  Financial analyst to appraise the bonds

You are called in as a financial analyst to appraise the bonds of Olsen’s Clothing Stores. Compute the price of the bonds based on semiannual analysis.

  Equity prior to announcement is expected to gain or loss

FARO Technologies, whose products include protable 3D measurement equipment, recently had 17 million shares outstanding trading at $42 a share. Suppose the company announces its intention to raise $200 million by selling new shares. What percentage o..

  Present value and future value of this cash flow stream

Claire Conscience has shares of an oil well that only occasionally generates any income. Her projections are that she will receive $200 in year 1, $1,000 in year 3, and $500 in year 4. If Claire’s opportunity cost is 5.5%, what is the present value a..

  Callable bond-what is the yield to call for bonds

Alex plans to purchase a callable bond of Horizon Inc. The bond is 20-year to maturity, carry 13.5% annual coupon, paid semi-annually, and have a$1,000 par value. The bond is selling now for $1,287 each. The bond can be called back in 7 years at a ca..

  Distribution method for its new stocks

Bank of America, JP Morgan Chase, Morgan Stanley, and Citi Bank are the leading banks in the issuing process of GM’s new stocks. Therefore, GM chooses which of the following distribution method for its new stocks?

  What will be the amount of each installment

You will make each withdrawal at the end of year and that the money that remains invested will continue to earn 12%. What will be the amount of each installment

  Credit terms offered to your firm by your suppliers

Assume the credit terms offered to your firm by your suppliers are 2.6?/4, Net 30. Calculate the cost of the trade credit if your firm does not take the discount and pays on day 30.

  Impact from rapid dividend growth on stock current price

The impact from rapid dividend growth on a stock's current price will be:

  What is the value of the stock using the gordon model

Jersey Jewel Mining has a beta coefficient of 1.2. Currently the risk-free rate is 2 percent and the anticiapted return on the market is 8 percent. JJM pays a $4.50 dividend that is growing at 4 percent annually. What is the required return for JJM? ..

  Comment on the value that having a systems flowchart

Jenny Smith owns Classic Photography Inc., a company that restores photos for its clients and creates electronic images from the restored photos.

  Compare net amount of funds initially available-inflow

compare the net amount of funds initially available—inflow—to the present value of future payments of interest and principal to determine net present value.

  Calculate the accumulated amount of savings at retirement

You want to compare two separate retirement savings? scenarios: (A) and? (B). In scenario? (A) you start? immediately, contribute for a few? years, but then stop contributing.? However, you leave the accumulated savings to compound until retirement. ..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd