Please note this assignment consists mainly of questions from Horngren, C.T., Sundem, G.L., Stratton, W.O. Burgstahler, D., & Shatzberg, J. Introduction to management accounting, (16th edition 2014), however it also has a question from another text by Horngren. Horngren, C. T., Harrison, W. T. & Oliver M.S., (2012). Internal control and cash. Accounting (9th ed.,) Prentice Hall, which is available via Interact as Reading 5.

You are required to complete all questions, in the same sequence as listed below, and submit all necessary workings. Follow the assignment requirements (refer below to the Requirements section) very closely.

Question 1

E7-15 E-commerce Control Procedures Source: Horngren, C. T., Harrison, W. T. & Oliver M.S., (2012). Internal control and cash. Accounting (9th ed., pp. 386 of Reading 5). Prentice Hall. See Reading 5 in the learning materials within Interact.

The following situations suggest a strength or a weakness in e-commerce internal controls. a. Netproducts sells merchandise over the Internet. Customers input their credit card information for payment.

b. Netproducts maintains employee information on the company intranet. Employees can retrieve information about annual leave, payroll deposits, and benefits, from any computer using their login information.

c. Netproducts maintains trend information about its customers, products, and pricing on the company's intranet. d. Tax identification numbers for all vendors are maintained in Netproduct's database.

Requirement 1. Identify the control that will best protect the company.