You are the audit supervisor of the audit firm, Mavis & Mavis, and you have been asked to review…

You are the audit supervisor of the audit firm, Mavis & Mavis, and you have been asked to review the internal control system of Salford Ltd (Salford). Salfordsupplies a complete line of mixes, bases, icings, glazes, fillings, frozen dough and fully baked products and equipment to food industry customers around the South East of England.

Sales ordering

Some customers take daily supplies and some take supplies once a week. Each customer is identified only by its trading name and the sales order clerks use this to raise sales orders. Sales orders to existing customer are automatically generated until the customer cancels them in writing. The salesrepresentativestelephone new orders secured on their runs to the sales order clerks.

Telephone orders placed by new customers are entered on pre-numbered sales order forms by any one of the five sales order clerks who receives the call. The sales order forms are batched and sent at the end of the day to the stores department, for the items to be despatched to customers the following morning. A copy of the sales order form is sent to the accounts department. Staff turnover is very low and the sales order clerks and sales representatives are all long-serving employees who know the company’s products and can remember the prices from memory.

Individual customers make payment in advance at the time of placing orders by phone. Business customers are usually given 30 days’ credit.

Despatch of goods

Upon receipt of the sales orders at the stores department, sequentially numbered goods despatch notes (GDNs) are automatically generated. A two-part copy of the GDN accompanies the goods and one copy is expected to be signed by the customer on receipt of the goods.

Invoicing, ledger entry and customer statements

A copy of the sales order is used to raise a sales invoice by the sales ledger clerks at the Accounts department. Sales invoices are batched and input by the sales ledger clerks every two weeks. Emily, the Accounting Assistant is responsible for depositing receipts, filing remittance advices and posting receipts in the individual customer accounts and the general ledger accounts. The sales ledger and general ledger are automatically updated every two weeks. Emily also prepares and controls the mailing of monthly statements to customers.

?????????

TURN OVER

REQUIRED:

Identify and explain FIVE (5) control weaknesses identified in the sales system of Salford and suggest improvements you would advise to overcome each identified weakness.

Present your answers in a Table with the following THREE (3) headings: Weaknessidentified , Implication of the weakness identified and Suggestion for improvement.

Calculate the price
Make an order in advance and get the best price
Pages (550 words)
$0.00
*Price with a welcome 15% discount applied.
Pro tip: If you want to save more money and pay the lowest price, you need to set a more extended deadline.
We know how difficult it is to be a student these days. That's why our prices are one of the most affordable on the market, and there are no hidden fees.

Instead, we offer bonuses, discounts, and free services to make your experience outstanding.
How it works
Receive a 100% original paper that will pass Turnitin from a top essay writing service
step 1
Upload your instructions
Fill out the order form and provide paper details. You can even attach screenshots or add additional instructions later. If something is not clear or missing, the writer will contact you for clarification.
Pro service tips
How to get the most out of your experience with MyhomeworkGeeks
One writer throughout the entire course
If you like the writer, you can hire them again. Just copy & paste their ID on the order form ("Preferred Writer's ID" field). This way, your vocabulary will be uniform, and the writer will be aware of your needs.
The same paper from different writers
You can order essay or any other work from two different writers to choose the best one or give another version to a friend. This can be done through the add-on "Same paper from another writer."
Copy of sources used by the writer
Our college essay writers work with ScienceDirect and other databases. They can send you articles or materials used in PDF or through screenshots. Just tick the "Copy of sources" field on the order form.
Testimonials
See why 20k+ students have chosen us as their sole writing assistance provider
Check out the latest reviews and opinions submitted by real customers worldwide and make an informed decision.
History
Don't really see any of sources I provided, but elsewise its great, thank you!
Customer 452697, May 8th, 2021
Human Resources Management (HRM)
Always great! My son has been in critical health these last few semesters. Many times I have thought he wasn't going to make it and thought about quitting or postponing school until he was healthier but it always happens to be in the middle of the semester. This service has been a lifesaver for my mindset in helping keep my grades up and keep my son alive at the same time. I don't know if I could have made it through this period without it.
Customer 453077, June 6th, 2022
Human Resources Management (HRM)
I finished the first deliverable of a project presentation but had no time to finish my second deliverable. The writer revamped my first deliverable and made it much more appealing! Not only was I impressed with the content but I was so grateful for the time they took to redo the background. I have been under a lot of pressure at work and at home so this has been a great service when I have had little time! I appreciate the detail and help! Always on time and always exceeding expectations!
Customer 453077, April 5th, 2022
Nursing
Usually, references need to be within the past 5 years. Thank you :)
Customer 452547, July 16th, 2021
Business Management
Awesome job, Thank you
Customer 453201, June 12th, 2022
Classic English Literature
It was my first time using such a service. Essay was good and nicely formatted.
Customer 452441, February 16th, 2022
Nursing
Paper much better compared to the one prior revision request. References need to be no more than the past 5 years.
Customer 452547, July 20th, 2021
Business Studies
Paper is great. Just only needed the one reference. Thank you
Customer 453139, May 4th, 2022
English 101
great summery in terms of the time given. it lacks a bit of clarity but otherwise perfect.
Customer 452747, June 9th, 2021
Health Care
awesome work
Customer 452777, October 14th, 2021
English 101
thank you for the excellent work
Customer 452883, October 29th, 2021
Business and administrative studies
awesome work
Customer 453201, June 15th, 2022
11,595
Customer reviews in total
96%
Current satisfaction rate
3 pages
Average paper length
37%
Customers referred by a friend
OUR GIFT TO YOU
15% OFF your first order
Use a coupon FIRST15 and enjoy expert help with any task at the most affordable price.
Claim my 15% OFF Order in Chat
Live ChatWhatsApp

Are You Looking For Assignment Help? We Can Certainly Assist You