- As customers we experience various company’s order to cash process (OTC) whenever we buy something. Which company do you believe has a ‘great’ OTC process? Why?
- Which portion of the Order to Cash (OTC) process do they see as the most vulnerable to theft, fraud or failure of some kind? Explain.
- Who in a company should be responsible for the controls of that company’s Order to Cash (OTC) Process? Why?
- What key (1-2) competencies does the person responsible in a company for the Order to Cash (OTC) need to have? Why?
Week 3 Questions
- The concept of ‘Assertions’ is important to accountants. Who else is it important to? Why?
- In class we discussed several dimensions of Management Assertions. Which do you believe is the most important? Why?
- Have you ever:
– Been victim of Fraud?
– Had evidence of, suspicions of fraud occurring?
– Been pressured (e.g. by an employer) to commit an act that was morally or legally questionable?
Explain - Which portion / step of the Procure to Pay process do they see as the most vulnerable to theft, fraud or failure of some kind? Explain
What Youll Learn How to Succeed
Attacheddocument contains feedback from prior classes on these questions:
Why Should I Take this Course? (What Key Things will I Learn?)
What Should I do to Assure Getting a Good Grade in this Course?
Note: Items I heard more often are bolded and made larger (larger means more commonly shared).