Core Concepts of Accounting Information Systems 12th Edition by Carolyn Strand Norman, Mark Simkin

Exercise 27

Figure 7-14 is a system flowchart for P. Miesing and Company's purchase order event. Prepare a narrative to accompany the flowchart describing this purchase order event. Include in your narrative the source documents involved, the computerized data processing that takes place, data inputs used to prepare purchase orders, and the outputs prepared from the processing function.