Peacock

9.71 - Peacock Company: In do it Flowchart of Inventory and acquire Control Procedures. Peacock Company is a wholesaler of delicate goods. The muniment is composed of approximately 3,500 different distributor points. The company employs a computerized batch processing clay of rules to maintain its perpetual business line records. The strategy is run each spend so the archive reports ar available on Monday morning for caution use. The system has been functioning satisfactorily for the past 15 months, providing the company with harmless records and timely reports. The preparation of purchase orders is automatic as a part of the inventory system to ensure that the company tell maintain enough inventory to meet customer demand. When an point of inventory falls below a predetermined level, a record of the inventory items is written. This record is used in adjunction with the vendor file to prep atomic number 18 the purchase orders. Exc eption reports are prepared during the update of the inventory and the preparation of the purchase orders. These reports respect any errors or exceptions identified during the processing. In addition, the system provides for steering approval of all purchase orders exceeding a commute amount.

Any exceptions or items requiring management approval are handled by supplemental runs on Monday morning and are combined with the pass results. A system flowchart of Peacock Companys inventory and purchase order procedure is presented in discover 9.71.1. Required: a. The illustrated system flowchart (Exhib it 9.71.1) of Peacock Companys inventory and! purchase order system was prepared in the lead the system was fully operational. Several steps that are distinguished to the successful operation of the system were inadvertently omitted from the chart. right off that the system is operating effectively, management indispensablenesss the system documentation complete and would comparable the flowchart corrected. Describe the steps that have been omitted and specify where the...If you want to get a full essay, order it on our website: OrderCustomPaper.com

If you want to get a full essay, visit our page: write my paper