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What is a point of sale system

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Reference no: EM13972751

A majority of the economic transactions in which you participate on a daily basis are currently accounted for by some sort of Point of Sale (POS) information system. From buying groceries to going to a casino, POS systems are being used to track and control all aspects of both financial and operations management.

Conduct research to answer the following:

What is a point of sale system?

In your opinion, does a point of sale system increase or decrease the likelihood that cash will be stolen by employees? Explain.

What additional features of a traditional POS system are likely to be beneficial to conducting a professional audit?

Cite your sources using APA style guidelines

Reference no: EM13972751

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