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Identify the internal control strengths in pei system

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Question: PriceRight Electronics (PEI) is a small wholesale discount supplier of electronic instruments and parts. PEI's competitive advantage is its deep-discount, 3-day delivery guarantee, which allows retailers to order materials often to minimize in-store inventories. PEI processes its records with stand-alone, incompatible computer systems except for integrated enterprise resource planning (ERP) inventory and accounts receivable modules. PEI decided to finish integrating its operations with more ERP modules, but because of cash flow considerations, this needs to be accomplished on a step-by-step basis.

Required: - Identify the internal control strengths in PEI's system.

- Identify the internal control weaknesses in PEI's system, and suggest ways to correct them

Reference no: EM132736215

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