This is also another way of attracting customers into the retail shop and also get them to book a holiday. Merchandising and point of sake can be done by having brochures, putting displays on windows and also displaying posters. The brochures have to be check on a regular basis to see that they have enough on the floor. The difference with call centres agent is that they are able to display their merchandise so they will have to do it whilst on the phone. Also retail agents change their displays so that they are able to sell different product and services.
Bii: Describe how to ensure records are stored securely. Any personal records/data should be secured in a locked cupboard, you should always ensure that any personal files or information is locked away and not on display for anyone to read. Make sure to put files away even if you are only leaving the room for a moment. Always keep the data protection act in your mind when dealing with other people personal data. Biii: Describe how to ensure security when reading or making entries into records.
Food cost managers will generate sales forecasts to reduce the carrying costs of inventory. Perpetual inventory management will track all in store inventory transactions. This includes ordering, receiving, selling, cycle counts, and inventory adjustments. An automated inventory system would allow Kudler fine foods to meet current and future customer demands. This would also save money on hiring and training employees to order products for the stores.
This will satisfy the existence objective. They can also observe the employees and make inquiries of the inventory process when necessary. The audit team can record the client’s recording of transactions by verifying the amounts of transactions. SDF’s Best Boy Gourmet is sold by special order through their relatively new website. The auditor will want to test the computer program to the unit selling prices on the sales invoice with an electronic file of approved prices to test the accuracy objective for sales
d. Remit the tape and the cash to central office. 3. The primary concern in this operation is control over cash, because all sales are cash. This concern was addressed by using a cash register, having the lead person check the cash, and depositing it intact daily. |LO 5 | |PROBLEM 6-3 THE DESIGN OF INTERNAL CONTROL DOCUMENTS | 1.
Establishment of Responsibilities: By assigning only one person for handling of the checks as well as the processing of them, it provides a dafeguard against theft or errors. When only one person open the mail, it is not sure about all incoming checks are forwarded to the cashier. Therefore, one person should prepare the list of checks so that can be compared with daily cash summary. It makes sure that all checks on the lisst were deposited. All mail receipts should be opened in the presence of two mail
The partners should be of like mind and have a contract that states the percentage of profits, losses, debts and day to day duties that each partner is responsible for. The contract should also state what happens if one of the partners dies or retires. In a partnership you are legally responsible for your partner's actions and can be held labile for these actions. Partnerships report their earnings, losses and deduction for the business operations, but the business itself doesn't pay taxes. The business "passes through" it's earnings or losses to its partners.
The bank location also handles a large amount of money on a daily basis. The bank receives deposits of cash and checks everyday and distributes cash everyday. The cash must also be protected and kept out of reach of those who do not need access to it. Also the
To clean up files on your hard drive: 1) Choose Start Control Panel System and Security. The Administrative Tools window appears.2) Click Defragment Your Hard Drive. The Disk Defragmenter dialog box appears.3) Click the Analyze Disk button. This step checks whether your disk requires defragmenting. A drive with 10 percent or more fragmentation should be defragmented.4) When the analysis is complete, click the Defragment Disk button.
Please remember to SAVE this document to your computer or “My Documents” on your computer. 6. Submit the saved file to your “Assignment Drop Box”. | Tips for answering questions: | * Read the question more than twice, if necessary, to make sure you understand what you are asked to do. * Find the key words in each question and construct your answer to address those