Internal Control
Iris Plant owns and operates three floral shops in Magnolia, Texas. The accounting functions are performed manually. Each of the shops has a manager who oversees the cash receipts and purchasing functions of the shop. A clerk at the central shop pays the bills and also prepares payroll checks and maintains the general journal. Iris is seriously considering switching to a computerized system. With so many information system packages on the market, Iris is overwhelmed.
Required:
Advise Iris as to which business modules you think her organization could find beneficial. Discuss advantages, disadvantages and internal control issues.