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07_Sales_and_Purchase_BP

07_Sales_and_Purchase_BP - Econ 185 Lecture 07 Econ 185...

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Econ 185 Lecture 07 1 Econ 185 Glenn Owen UC Santa Barbara ` Business process fundamentals ` Sales business process Objectives Events Inputs Inputs Outputs ` Purchasing business process Objectives Events Inputs Outputs 2 ` Accounting cycle ` Coding types ` Source documents 3
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Econ 185 Lecture 07 2 4 ` Mnemonic codes ` Sequence codes ` Block codes ` Group codes 5 Listed below are several types of accounting data that might be coded. For each data item, recommend a type of code (mnemonic, sequence, block, or group) and give reasons for your choice. a. employee identification number on a computer file b. product number for a sales catalog c. inventory number for the products of a wholesale drug company d. inventory part number for a bicycle manufacturing company e. identification numbers on the forms waiters and waitresses use to take orders f. identification numbers on airline ticket stubs g. automobile registration numbers 6
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Econ 185 Lecture 07 3 Listed below are several types of accounting data that might be coded. For each data item, recommend a type of code (mnemonic, sequence, block, or group) and give reasons for your choice. h. automobile engine block numbers i. shirt sizes for men’s shirts j. color codes for house paint k. identification numbers on payroll check forms l. listener identification for a radio station m. numbers on lottery tickets n. identification numbers on a credit card o. identification numbers on dollar bills 7 ` Sales invoice ` Purchase order ` Check 8 9
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