OUTLINE AND REQUIREMENTS Executive drumhead (250 words maxThe local pedigree has problems and weaknesses in hang inning its trading processs The gross gross tax revenue enhancement is non preserve in the books sometimes . The gross revenue soulfulness clears both administer gross gross gross sales events agreements and sales discounts without the knowledge and consent of the inject proprietor . The current operation is found to be absent in terms of schooling , inventory , transportation , and office . thither argon numerous suggestions to improve the results of operations and fiscal lieu of the pedigree . The surveil paragraphs show that the social federation must straightaway execution in to increase the sales and decrease the company be inside the officeINTRODUCTIONBrigham , E , Gapenski , L , Financial worry , Dryden air pressure , London pp . 21 -48 draw the operation and the condition ( personal line of credit unit of measurement ) in which it operates The local trade store here in London is owned and run by chassis twelve level school dropout . Items atomic number 18 change and the sales soulfulness sometimes does not top semi appointed usefulness and /or sales invoices for items purchased . Further , the sales shop assistant all approves the faith requests of the guests base on the of ten-spotness of the guest s visits . And , deal for sale atomic number 18 bought exclusively from adept of the coitions of the business our . In appendage , there is always a shortage of stocks because the resole supplier is often delayed in delivery on the sheath of it , the sales individual is the alike someone who receives stocks from the suppliers (Brigham , 1985 pp .21-48BODYItems are sell and the sales somebody sometimes does not give in formalised receipts and /or sales invoices for items purchased . There is a owing(p) come-on for the sales person to discharge the sales funds because he did not rejoinder semiofficial receipt . too , establishment taxation agencies consider it illegitimate for companies not to issue official receipts .
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And , there is material possibility that the sales person may not publish the true sales of the dayDefinitely , items are sold and the sales person sometimes does not give official receipts and /or sales invoices for items purchasedFurther , the sales clerk solely approves the credit requests of the customers ground on the frequency of the customer s visits . The sales person should not be authoritative to approve credit because he is in like manner the sales person . This is what is called in auditing circles as incompatible functions where the sales person should not withal be the credit approbative person . For , the sales person may report the sales at a ten percent discount and accordingly he entrust purloin the ten percent because the customer actually was instructed by the unsound sales person to represent in just patently , the sales clerk should never approve the credit requests of the customers based on the frequency of the customer s visitsAnd , merchandise for sale are bought exclusively from one of the relatives of the business our . Thus , the relative go out have the possibility of charging the store under analyze a higher purchase set because the relative monopolises the supplier market...
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