Case: Verification Department of a Credit Company is in-charged in verifying and approving loans. The department consist of 7 loan officers reporting at the office from 8am-5pm, Monday until Friday.They are required to verify and process at least 700 loan applications per day. Due COVID 19 infection their department and employees are often suspended to operate. The suspension results to a pile up of loan application thus, department performance significantly declines. Propose a measure/plan/solution on how to improve their department performance in compliance with the DOH Health and Safety Protocol.

Case: Verification Department of a Credit Company is in-charged in verifying and approving loans. The department consist of 7 loan officers reporting at the office from 8am-5pm, Monday until Friday.They are required to verify and process at least 700 loan applications per day. Due COVID 19 infection their department and employees are often suspended to operate. The suspension results to a pile up of loan application thus, department performance significantly declines. Propose a measure/plan/solution on how to improve their department performance in compliance with the DOH Health and Safety Protocol.

Auditing: A Risk Based-Approach (MindTap Course List)

11th Edition

ISBN:9781337619455

Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg

Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg

Chapter9: Auditing The Revenue Cycle.

Section: Chapter Questions

Problem 22RQSC

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