CARLOS HILADO MEMORIAL STATE UNIVERSITY

Alijis Campus, Bacolod City

Assignment 2: Components of AIS Date:_3/16/23___

Name/Course/Year/Section: _Germaine Teodoro__________ Score: _________

Please write your answers here for the following business financial transactions.

C. TRANSACTIONS: The Company made a Cash Purchases of Merchandise for sale from the supplier.

AIS Components are: (22 pts)

I. PEOPLE/PERSONNEL in the Organization

1. Accountants
2. Auditors
3. Consultants
4. Business Analyst
5. Managers

II. Forms and documents/DATA

1 . Sales Orders
2. Purchase Requisitions
3. Vendor invoices
4. Check Registers
5. Inventory Data
III. Book of Accounts
1. General Ledger
2. Accts Receivable Subsidiary ledger

IV. PROCEDURES/Working Instructions

1.Customer orders are entered into the AIS by salespeople.

2.Accounting invoices the customer or issues an invoice.
3.The order is assembled at the warehouse.
4.The order is delivered to the consumer via the shipping department.
5.The accounting department receives notification of a new accounts receivable, which is a client IOU that is
normally paid within 30, 60, or 90 days.
6.The order and client shipments are tracked by the customer support department.
7.Management used AIS to generate sales data and do cost analysis on inventory, shipping, and manufacturing
expenses.
8.Check registers keep track of all the checks, cash payments, and cash outlays that occur throughout an
accounting period.
9. Manager approves DSSR
10.