1. Two lists follow. The first is a list of 10 situations that have control implications, and the second is a list of 12 control plans from this chapter.
2. Assume that inventory records are kept in an enterprise system and that the options in the inventory system module are as follows:
1. Maintain inventory master data (i.e., add new products, change or delete old products in the inventory master data).
2. Record newly arrived shipments of inventory.
3. Record returns of incorrect or damaged inventory.
4. Select items to be reordered, the amount to reorder, and the vendor.
5. Print and record new orders.
6. Print inventory reports.
Further assume that personnel in the inventory department include the department manager and two clerks, R. Romeo and J. Juliet.
By placing a "Y" for yes or an "N" for no in the table below, show which users should (or should not) have access to each of the six accounts payable options. Make and state whatever assumptions you think are necessary. Explain in one or two paragraphs how your matrix design would optimize the segregation of duties control plan.
|
Option
|
Manager
|
Romeo
|
Juliet
|
|
1
|
-
|
-
|
-
|
|
2
|
-
|
-
|
-
|
|
3
|
-
|
-
|
-
|
|
4
|
-
|
-
|
-
|
|
5
|
-
|
-
|
-
|
|
6
|
-
|
-
|
-
|