Soal SIA Lab 6
Soal SIA Lab 6
Soal SIA Lab 6
Ex : SIA1_Anggraini_120110170066_Kamis 16.00/Zulfikar
1. What is the Revenue cycle? What entities are involved in the revenue cycle and
explain their role! (reference from DFD Lvl 0 Revenue Cycle) (10Point)
3. Accurate and timely billing for shipped merchandise is crucial. The invoicing
information from the sales order entry and shipping activities. Please explain what
kind of information that required from sales departement and shipping department
4. Please explain how restriction of physical access to inventory, using RFID and
bar-code technology and documentation of all inventory transfers can minimize the
supplier. (2 Point)
2. The threat to sales order entry activities are invalid order, loss of customer and
3. One threat associated with the invoicing process is a failure to bill customers, which
results in loss of assets and erroneous data about sales, inventory, and accounts
receivable. Segregating the shipping and billing functions can reduces the risk that
4. For good internal control, sales manager should approve credit memos. (2 Point)
5. Back Orders document will be made when there is an insufficient inventory to meet
Customers place orders on the company’s website, by fax, or by telephone. All sales
are on credit, FOB destination. During the past year sales have increased dramatically, but
15% of credit sales have had to written off as uncollectible, including several large online
orders to first-time customers who denied ordering or receiving the merchandise.
Customer orders are picked and sent to the warehouse, where they are placed near
the loading dock in alphabetical sequence by customer name. The loading dock is used both
for outgoing shipments to customers and to receive incoming deliveries. There are ten to
twenty incoming deliveries every day, from a variety of sources.
The increased volume of sales has resulted in a number of errors in which customers
were sent the wrong items. There have also been some delays in shipping because items
that supposedly were in stock could not be found in the warehouse. Although a perpetual
inventory is maintained, there has not been a physical count of inventory for two years.
When an item is missing, the warehouse staff writes the information down in log book.
Once a week, the warehouse staff uses the log book to update the inventory records.
The system is configured to prepare the sales invoice only after shipping employees
enter the actual quantities sent to a customer, thereby ensuring that customers are billed
only for items actually sent and not for anything on back order.
Questions
2. Recommend control procedures that should be added to the system to correct the
weakness.