Prepares a remittance list and a deposit slip

Assignment Help Operation Management
Reference no: EM131693499

Customer checks are received via mail in the Cash Receipts department. The cash receipts clerk prepares a remittance list and a deposit slip. The remittance list is forwarded to the Accounts Receivable department and the customer checks and deposit slip are forwarded to the Treasurer. In Accounts Receivable the remittance list is used to update customers' account balances and an Accounts Receivable Aging report is prepared which is forwarded to the Controller. The remittance list is then filed by date in Accounts Receivable. In the Treasurer's department the Treasurer endorses the checks and takes the deposit slip and checks to the bank.

Reference no: EM131693499

Questions Cloud

Discuss the benefits and consequences of living in a society : Discuss the benefits and consequences of living in a society with the right to free speech from the perspective of homeland security
Does television reflect or distort reality : Does television reflect or distort reality? Does it shape our feelings and reactions about minority groups, or is it just entertainment?
Find the most exchange rate quotes : 1. Where would you look find the most exchange rate quotes?
Discuss the concepts of resources and capabilities : Discuss the concepts of resources and capabilities. Address how your understanding of these issues can help improve your decision making.
Prepares a remittance list and a deposit slip : Customer checks are received via mail in the Cash Receipts department. The cash receipts clerk prepares a remittance list and a deposit slip.
Calculate the unit cost for materials and for conversion : Unit Cost and Cost Assignment, Nonuniform Inputs Loran Inc. had the following equivalent units schedule and cost for its fabrication department during September
Case of the scientific study of organizational behavior : A case of the scientific study of organizational behavior the bailey Jenkins clinic. What were the objectives in changing to the "4/40" workweek?
Ethical dilemmas in dental practice : Ethical Dilemmas In Dental Practice - A dentist behaving illegaly in the management of patients. 2. A dentist behaving unethically but legaly with a patient
The union employees are about to go on strike : How can we as leaders/future leaders offset a situation where the union employees are about to go on strike?

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

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!

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