Assignment 3 Instructions: Prepare a document flowchart for Victoria Insurance Company based on the following descriptions (use software or online tools: Below tools for flowcharting) Victoria...

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Hello, This is 2 SEPERATE assignments for ACCOUNTING INFORMATION SYSTEMS. One assignment is a homework assignment needing a DOOCUMENT FLOWCHART to be created please make sure to follow all instructions and make sure you are creating the correct flowchart as the professor has gave me a 0 for not using the correct charting. The second assignment is 4 discussion questions, there is no word count for each question as long as it is answered clearly that is all that matters.


Assignment 3 Instructions: Prepare a document flowchart for Victoria Insurance Company based on the following descriptions (use software or online tools: Below tools for flowcharting) Victoria Insurance Company begins processing casualty claims when the claims department receives notice of loss from a claimant. The claims department prepares and sends the claimant four copies of a proof-of-loss form on which the claimant must detail the cause, amount, and other aspects of the loss. The claims department also initiates a record of claim, which is sent with the notice of loss to the data processing department, where it is filed by claim number. The claimant must fill out the proof-of-loss forms with an adjuster’s assistance. The adjuster must concur with the claimant on the estimated amount of loss. The adjustor files his copy numerically. The adjustor sends the first two copies to the claims department. Separately, the adjuster submits a report to the claims department, confirming the estimates on the claimant’s proof-of-loss form. The claims department authorizes a payment to the claimant, forwards a copy of the proof-loss form to data processing, and files the original proof-of-loss form and the adjuster’s report alphabetically. The data processing department prepares payments checks and mails them to the customers, files the proof-of-loss form with the claim record, and prepares a list of cash disbursements, which it transmits to the accounting department, where it is reviewed. Tools for Flowcharting: · Professional: Microsoft Visio · Online (free*): online.visual-paradigm.com draw.io and many other choices · Microsoft office: word or excel *You may save screens if the free version limits any output. Flowcharting Symbols: Discussions 1. Use the "crow's feet" cardinalities to depict the relationship between two entities that you observe in your daily life (for example, the relationship between lunch eating and a cup of soft drink). Draw (using software) and explain the relationship.  2. In the state of Maryland, Montgomery County passed a law that requires all retail establishments to charge a five-cent tax on each paper or plastic carryout bag. Download the Excel file and create a visualization that examines the annual trend in dollar amounts collected for each city over time. Exclude all items that have a null value in the City field. Emphasize the city of Takoma Park in the visualization. Download the file: https://app.box.com/s/m47za2yege366lijrsoq6dd5xuu5cfne or https://drive.google.com/file/d/1CYIXJe7JVjHtXigLlAEO0IYU4JYv6CGa/view?usp=sharing 3. How does digitalized products such as music and software affect the four main activities in the revenue cycle? Discuss one impact. 4. Why should accountants participate in product design? What insights can accountants contribute that differ from the perspectives of purchasing mangers and engineers?
Answered 1 days AfterOct 25, 2021

Answer To: Assignment 3 Instructions: Prepare a document flowchart for Victoria Insurance Company based on the...

Rochak answered on Oct 27 2021
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Flow Chart
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