UNIVERSITAS PADJADJARAN FAKULTAS EKONOMI DAN BISNIS

STUDIO KOMPUTER AKUNTANSI

A21
JL. DIPATI UKUR NO. 35 BANDUNG 40132

Accounting Information System – Lab 6

Rules : Soal dikerjakan pada lembar jawaban yang disediakan oleh TA SKA, harap tidak
lupa menulis Nama, jadwal praktikum, jadwal kelas, nama TA, dan nama Dosen pada
lembar jawaban

Format Nama File : SIAX_Nama_NPM_Jadwal/TA

Ex : SIA1_Anggraini_120110170066_Kamis 16.00/Zulfikar

PART I – ESSAY (30 Point)

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)

2. In sales order entry activities there is a threat of “uncollectible accounts”, what

kind of control can be done by management? is there a function that can be

separated (SoD) ? (5 Point)

3. Accurate and timely billing for shipped merchandise is crucial. The invoicing

activity is just an information processing activity that repackages and summarizes

information from the sales order entry and shipping activities. Please explain what

kind of information that required from sales departement and shipping department

for invoicing activity! (5 Point)

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

risk of theft of inventory. (10 Point)

©2020 Studio Komputer Akuntansi FEB Universitas Padjadjaran

 UNIVERSITAS PADJADJARAN FAKULTAS EKONOMI DAN BISNIS

STUDIO KOMPUTER AKUNTANSI

A21
JL. DIPATI UKUR NO. 35 BANDUNG 40132

PART II – TRUE OR FALSE AND EXPLANATION (10 Point)

1. Credit memo is a document used to record a reduction to the balance due to a

supplier. (2 Point)

2. The threat to sales order entry activities are invalid order, loss of customer and

picking the wrong items or the wrong quantity. (2 Point)

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

this occurs intentionally. (2 Point)

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

customer orders. (2 Point)

©2020 Studio Komputer Akuntansi FEB Universitas Padjadjaran

 UNIVERSITAS PADJADJARAN FAKULTAS EKONOMI DAN BISNIS

STUDIO KOMPUTER AKUNTANSI

A21
JL. DIPATI UKUR NO. 35 BANDUNG 40132

PART III – MIX AND MATCH (20 POINT)

1. The use of computerized communications and a a. Picking Ticket

standard coding scheme to submit business documents
electronically in a format that can be automatically
processed by the recipient’s information system.
2. The maximum allowable credit account balance for b. Balance Forward Method
each customer, based on past credit history and ability
to pay.

3. A document authorizing the purchase or production of c. Electronic Data Interchange

items that is created when there is insufficient
inventory to meet customer orders
4. A document authorizing the purchase or production of d. Open-invoice method
items that is created when there is insufficient
inventory to meet customer orders
5. A document listing the quantity and description of e. Remittance Advice
each item included in a shipment.

6 A document notifying customers of the amount of a f. Credit Limit

sale and where to send payment

7 A legal contract that defines responsibility for goods g. Sales Invoice

while they are in transit.

8 Method of maintaining accounts receivable in which h. Back Order

customers typically pay according to the amount
shown on a monthly statement, rather than by
individual invoices. Remittances are applied against
the total account balance, rather than specific invoices.
9 Method for maintaining accounts receivable in which i. Packing Slip
customers typically pay according to each invoice.

1 A copy of the sales invoice returned with a customer’s j. Bill Of Lading

0 payment that indicates the invoices, statements, or
other items being paid.

©2020 Studio Komputer Akuntansi FEB Universitas Padjadjaran

 UNIVERSITAS PADJADJARAN FAKULTAS EKONOMI DAN BISNIS

STUDIO KOMPUTER AKUNTANSI

A21
JL. DIPATI UKUR NO. 35 BANDUNG 40132

PART 4 – CASE (40 Point)

ASK Corporation is a midsize, privately owned, industrial instrument manufacturer

supplying precision equipment to manufacturers in the London. The corporation is 15 years
old and uses an integrated ERP system. The administrative offices are located in a
downtown building and the production, shipping, and receiving departments are housed in a
renovated warehouse a few blocks away.

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

1. Identify at least three weaknesses in ASK Corporation’s revenue cycle activities.

Describe the problem resulting from each weakness.

2. Recommend control procedures that should be added to the system to correct the

weakness.

©2020 Studio Komputer Akuntansi FEB Universitas Padjadjaran