Advise on the purchasing procedure

Answers

Answer 1

Answer:

The Purchasing Process

Needs Analysis. ...Purchase Requisition to Purchase Order. ...Purchase Order Review and Approval. ...Requests for Proposal. ...Contract Negotiation and Approval. ...Shipping and Receiving. ...Three-Way Matching. ...Invoice Approval and Payment.

Related Questions

what is a cash book used for?​

Answers

Answer:

to keep track of all business transactions in case of an audit

A cash book is a financial journal that contains all cash receipts and disbursements, including bank deposits and withdrawals. Entries in the cash book are then posted into the general ledger

employees rarely arrive and leave exactly on the quarter hour so it would make sense to round employee arrival times to the nearest quarter hour?
A. False
B. True
Please be right

Answers

false !!!!!!!!!!!!!!!!!
it is false for sure

ABC Corporation, has an issue of preferred stock outstanding that pays a $2.50 dividend every year in perpetuity. This stock issue currently sells for $75 per share. What is the required return for this preferred stock?

Answers

Answer:

the required return on the preferred stock is 3.33%

Explanation:

The computation of the required return on the preferred stock is shown below:

= Dividend ÷ Selling price per share

= $2.50 ÷ $75

= 3.33%

Hence, the required return on the preferred stock is 3.33%

We simply applied the above formula

You own an office supply store. You purchase desk
lamps at a wholesale cost of $14 each. You use a
markup of 45 percent to determine the selling (retail) price. At the end of the season, you offer a discount
price using a markdown of 20 percent of the selling
price. The discount price for desk lamps is

Answers

Answer:

$16.24

Explanation:

How can understanding the economy help you to make better financial decisions?

Answers

Answer:

Explanation:

No matter what the future holds, an economics major helps people succeed. Understanding how decisions are made, how markets work, how rules affect outcomes, and how economic forces drive social systems will equip people to make better decisions and solve more problems. This translates to success in work and in life.

Which persuasive appeal do you think is the most effective in advertising? Explain.

Answers

The persuasive strategies used by advertisers who want you to buy their product can be divided into three categories: pathos, logos, and ethos.

Discuss the following ways of adapting to the challenges of the business environments: Lobbying​

Answers

it win or loose twfecbdkdhxfsftsushe

What type of bank account makes you happy?

Answers

You I love you so much omg hi hi
One where you don’t have to pay fees

Periodic vs.Perpetual Inventory Accounting Multiple Choice Periodic Inventory Accounting results in a higher Cost of Goods Sold than Perpetual Inventory Accounting Sometimes Periodic Inventory Accounting results in a lower Cost of Goods Sold than Perpetual Inventory Accounting and sometimes Periodic Inventory Accounting results in a higher Cost of Goods Sold than Perpetual Inventory Accounting Periodic Inventory Accounting results in a lower Cost of Goods Sold than Perpetual Inventory Accounting Periodic and Perpetual Inventory Accounting result in the same Cost of Goods Sold

Answers

Answer:

Periodic and Perpetual Inventory Accounting result in the same Cost of Goods Sold.

Explanation:

A periodic system of inventory can be defined as a method of financial accounting, that typically involves updating informations about an inventory on a periodic basis (at specific intervals) as the sales or purchases are being made by the customers, through the use of either an enterprise management software applications or a digitized point-of-sale equipment.

A perpetual inventory system is a type of inventory management that continuously records in real-time the amount of inventory sold or purchased through the use of enterprise software or technological software applications such as a point of sale (POS).

Under a perpetual system of inventory, updates of the journal entry for cost of goods sold or received would include debiting accounts receivable and crediting sales immediately as it is being made or happening. The advantage of the perpetual system of inventory over the periodic system of inventory is that, it ensures the inventory account balance is always accurate provided there are no spoilage, theft etc. Also, the periodic system of inventory is a function of the cost of goods sold.

Hence, both Periodic and Perpetual Inventory Accounting result in the same Cost of Goods Sold.

What are two ways you can show initiative at home or at school?

Answers

Answer:

Explanation:

You can take initiative at home when you keep your room clean or make your bed. Getting your homework done without reminders from parents .

SCHOOL.

Involve Yourself in Classroom Discussions.  

Join Clubs, Teams or Organizations.  

Volunteer for things at school.

HOPE THIS HELPED!!!

All of the following shift the demand curve for automobiles to the right except:
a. the local factory gives a big raise to its employees
b. a brand new automobile dealership opens in town
c. the price of gasoline falls
d. none of the above​

Answers

Answer:

b. a brand new automobile dealership opens in town

Explanation:

All of the following shift the demand curve for automobiles to the right except: "a brand new automobile dealership opens in town."

The above statement is true because when a shift in the demand curve moves to the right, there is an increase in the quantity demanded, which can be caused by some factors such as:

increase in income,

growth in the price of a substitute or decrease in the price of a complement.

Hence, considering the available options in the question, the correct answer is " a brand new automobile dealership opens in town."

Define general banking services offered by financial institutions

Answers

The services most often provided include a variety of checking accounts, saving accounts, certificates of deposit, and loans, including car loans and home mortgages. Additional services may include safe deposit boxes and investment-related services.

Goodstone Tire Corporation sells tires for $100 each. Per unit costs associated with producing and selling the tires are: Direct materials and labor $45; Factory overhead $20; Selling and administrative $15. The variable portion of the factory overhead is $8 per unit. A foreign company wants to purchase 10,000 tires for $70 each. The order would not require any selling or administrative costs. The purchaser will pay the shipping costs, but Goodstone will have to pay a $100,000 inspection fee in order to be able to make the foreign sale. Accepting the special order will not affect current sales or production. What effect would accepting the special order have on Goodstone's net operating income

Answers

Answer:

Goodstone's net operating income will increase by $70,000.

Explanation:

Goodstone Tire Corporation

Analysis of accepting special order

Sales ($70 x 10,000)                                                                $700,000

Less Variable Expenses :

Direct materials and labor ($45 x 10,000)      $450,000

Variable Factory overhead ($8 x 10,000)         $80,000

Inspection fee                                                   $100,000      ($630,000)

Net Income (Loss)                                                                      $70,000

Conclusion

Goodstone's net operating income will increase by $70,000.

Answer:Decrease by $15000

Explanation:

What would it mean to you and/or your family to be a part of Career Source Tampa Bay's 2021 Summer Job Connection program? What do you hope to take away from the program?

Answers

Answer:

It is job connection program organized by Career Source Tampa Bay for the youths of Hillsborough. It provides a platform for the unemployed youths of Hillsborough to connect themselves to the potential employers by learning new skills and experiences.

Explanation:

Career Source Tampa Bay is organizing a summer youth job connection program for the year 2021 for the youths of the Hillsborough County. It is summer job connection program for the youth who are aged between 16 to 24. It is organized by Career Source Tampa Bay.

It provides an opportunity for the youths and prepare them with skills and know how about the targeted jobs. It introduces them to real work filed and exposes them to new ideas and experiences and the potential career paths for the future jobs.

Which plan would most likely NOT help you reach the savings needed for college? ​

Answers

D. Start saving about two months before college begins

The single greatest benefit that capitalism provides is that it enables human choice. Capitalism establishes a social contract that makes it possible for individuals to exercise their franchise and free agency. It gives people the ability to be secure in themselves and their possessions and, having provided security, it enables people to assume risk that they were previously unwilling to assume. It creates the necessary conditions for people to escape poverty and create wealth for themselves and for others. Read a quotation by Roger Butters, a twenty-first-century economist. Both Adam Smith and Butters would agree that capitalism allows the government to help individuals. protects workers from unfair practices. provides individuals with freedom of choice. helps entrepreneurs avoid risk and danger.

Answers

Answer:

provides individuals with freedom of choice.

Explanation:

Adam Smith

is a renowned Scottish economist who wrote "The Wealth of Nations"and established the foundation principles of capitalism.

Capitalism

Is simply defined as an economic system that uses on open competition in a free market, whereby individuals and companies own the means of production and operate for profit.

It gives room for individuals and private businesses to decide most of economic matters. It has led to the development of mercantilism, international trade, rise of the middle class and others.

Benefits of capitalism includes individual freedom is closely related to economic freedom, market economies produce a huge variety of goods and others.

Answer:

The person above me is correct, I just took the test

Explanation:

Trust.

hi please give me your opinion. help me :-[

2. Do young people still eat lots of traditional types of food?
Why / Why not?​

lol i accidentally put the subject as business. i am very desperate to get the answer :,-)

Answers

Answer:

nope coz we are living in modern lives whereby they are foods with spieses but some do because they don't wanna forget their tradition

Answer:

Yes, young people do like to eat traditional food because they love the traditional flavor and this also helps them to understand the culture of a place.

mark me as brainliest plz.

Wilson Co. has three segments -- Tennis, Golf, and Fishing. The Tennis segment is currently producing 2,000 units annually. The units sell for $200 each. The cost of each unit Wilson produces is $110. The Tennis segment spends $100,000 on product design each year. The segment also is allocated $200,000 of annual facility-level costs. Calculate the differential revenue if Wilson Co. were to eliminate the Tennis segment. Multiple choice question. $200,000 $400,000 $100,000 $180,000

Answers

Answer:

$400,000

Explanation:

Calculation to determine the differential revenue if Wilson Co. were to eliminate the Tennis segment

Differential revenue= $200x2,000 units

Differential revenue= $400,000

Therefore the differential revenue if Wilson Co. were to eliminate the Tennis segment will be $400,000

Select a topic and develop a curriculum targeted to 6th-grade students.

Provide an outline of the material and how it will be presented.

Defend your reasoning for the mode of delivery that was selected.

Submit a 450-word response about the topic, curriculum, material outline, and presentation method.

Answers

Explanation:

Provide an outline of the material and how it will be presented.

is the correct answer .

hope it is helpful to you☺️☺️☺️

explain four functions money must be able to preform

Answers

Explanation:

1for shelter, without money you cannot buy food stuff etc

2for clothing, without money no you cannot buy clothes

3for house rents 4 hospital fees

in conclusion money function s everything's with it their no function

medium of exchange

measure of value

a store of value

Giving brainliest to the best answer :)

Answers

Answer:

B. a brand new automobile dealership opens in town.

Explanation:

In Economics, there are primarily two (2) factors which affect the availability and the price at which goods and services are sold or provided, these are demand and supply.

The law of demand states that, the higher the demand for goods and services, the higher the price it would be sold all things being equal.

Thus, there exist a negative relationship between the quantity of goods demanded and the price of a good i.e when the prices of goods and services in the market increases or rises: there would be a significant decline or fall in the demand for this goods and services.

This ultimately implies that, an increase in the price level of a product usually results in a decrease in the quality of real output demanded along the aggregate demand curve.

An aggregate demand curve gives a negative relationship between the aggregate price level for goods or services and the quantity of aggregate output demanded in an economy at a specific period of time.

Most economists use the aggregate demand and aggregate supply model primarily to analyze short-run fluctuations in the economy.

This simply means that, whatever makes the factors of production such as, land, labor, entrepreneurship, capital, or efficiency to either go up or down would certainly result in fluctuations in the economy of a particular country. Similarly, a positive increase of the aggregate demand or supply curve results in a rightward shift while a decrease would cause a leftward shift.

In this scenario, the factors which would shift the demand curve for automobile are;

I. A fall in the price of gasoline.

II. An increase in the amount of money being paid to its workers.

However, the demand curve for automobile wouldn't shift to the right because a brand new automobile dealership opens in town. This is more likely to shift the aggregate supply curve to the right.

Rich is the highest-paid quarterback in the league, at $5 million per season. Rich is an eight-year pro and has yet to reach the playoffs. Rich's hometown team, the Whalers, are interested in him. If the Whalers sign Rich for $2.5 million per year, how much is the annual "hometown discount" that the Whalers will receive?

Answers

Answer:

$2,500,000

Explanation:

Analysis of market share is a key to understanding the firm's:
O a. competitive environment.
O b. demographic strengths.
O c. social and cultural environment.
O d. technological environment.

Answers

Analysis of market share is a key to understanding the firm's:

O a. competitive environment.

O b. demographic strengths.

O c. social and cultural environment.

O d. technological environment

answer is A

Can someone PLEASE PLEASE HELP ME WITH THIS!!!!!

Answers

Answer:

1. Consumer.

2. Producer.

3. Transportation.

4. Marketing.

5. Harvesting.

6. Processing.

7. Retail/food service.

Explanation:

Food supply continuum can be defined as a cycle of how livestock (animal products) moves from the producer to the consumers. The main goal of the food supply continuum is to safely provide quality animal products to the consumers.

Basically, the seven (7) steps or segments in the food supply continuum include the following;

1. The segment which is responsible for safe handling of the animal product (beef, pork, lamb) in their homes is the consumer.

2. The producer is responsible for raising a healthy animal.

3. The segment which carries the animal from the farm to the market is transportation.

4. The segment which sells the animal to the packer is marketing.

5. The segment which harvests the animal is harvesting. It involves the slaughtering of the animal.

6. The segment which processes the carcasses into retail cuts is processing.

7. The segment which involves a negotiator is the retail/food service.

William is a 38-year-old computer systems executive. He has come to a point in his life where he is reassessing his ambitions and personal life. He attends professional development conferences regularly and is working on an MBA. Although he eats a low-fat diet and exercises regularly, he works 70-80 hours a week, seldom sees his children except after they are in bed, does not visit his place of worship except on religious holidays, and feels as though his wife is a stranger. William believes that if he can earn just 20 percent more, he can relax because his family will be financially secure.
Refer to Case 17.1. In order to attain a "right livelihood," William needs to
A. get promoted so he can delegate more of his work.
B. lose weight and get in better shape.
C. de-emphasize the spiritual side of his life.
D. make a conscious choice to do so.

Answers

Answer: D. make a conscious choice to do so

Explanation:

Based on the information given, in order to attain a "right livelihood," William needs to make a conscious choice to do so.

Option A is wrong as getting promoted so he can delegate more of his work doesn't guarantee him that he'll relax more and enjoy right livelihood. When he's promoted, he'll have more work and this means that there'll be more responsibility. This will hinder him from enjoying right livelihood.

Option B and C are wrong as well as losing weight and getting in better shape and also de-emphasize the spiritual side of his life doesn't make one enjoy right livelihood.

Option D is the correct answer as he should make a conscious choice to attain the right livelihood and have enough rest that he desires.

Select the examples of Buying and Merchandising workplaces. Check all that apply.

warehouses
customers’ offices
grocery stores
clothing stores
offices
theaters

Answers

Answer:

2,3,4,5

Explanation:

...

Answer:

they are correct

Explanation:

what are the importance of store​

Answers

Answer:

to get a source of our need

Answer:

Importance of Store-Keeping: The cost of materials is one of the largest elements of cost. Proper storing of materials is very important to prevent losses from damage, pilferage, and deterioration in the quality of materials.

1. Prepare adjusting journal entries, as needed, considering the account balances excerpted from the unadjusted trial balance and the adjustment data. A. Supplies actual count at year end, $6,500 B. Remaining unexpired insurance, $6,000 C. Remaining unearned service revenue, $1,200 D. Salaries owed to employees, $2,400 E. Depreciation on property plant and equipment, $18,000

Answers

Answer and Explanation:

The adjusting entries are shown below"

A. Supplies Expense $1,000 ($7,500 - $6,500)

          To Supplies  $1,000

(Being the Supplies Expense is adjusted)  

B. Insurance Expense $18,000 ($24,000 - $6,000)

      To Prepaid Insurance  $18,000

(Being  Insurance Expense is adjusted)  

C. Unearned Service Revenue $1,800 ($3,000 - $1,200)

        To Service Revenue  $1,800

(Being Service Revenue is adjusted)  

D. Salaries Expense $2,400  

          To Salaries Payable  $2,400

(being Salaries Expense is adjusted)  

E. Depreciation Expense $18,000  

       To Accumulated Depreciation-  Property Plant and Equipment  $18,000

(Being Depreciation Expense is adjusted)  


Dakota earns $8.70 an hour for 37
Per month
hour week. How much is earned per week?

Answers

Answer:

$321.90

Explanation:

As a student, you are able to earn extra money by assisting your neighbors with odd jobs.
If you charged $13.25 an hour for your assistance, about how many hours would you
need to work to earn $11,425? Show your work.

Answers

Answer:

about 862.26 hours

Explanation:

you just divide 11,425÷13.25 which you can solve on calculator or phone and that's your answer I HOPE IT HELPED

Other Questions
Books, magazines, charts, graphs, diagrams, dictionaries, encyclopedias, atlases, and thesauruses are all examples of_ _ _ _ _ PLEASE ILL GIVE BRAINLIST Which term describes the high point of a transverse wave?O A. CrestO B. CompressionO C. RarefactionO D. Trough How is form used in classification? Select the correct answer.Consider these functions:px) = 5x + 2g(x) = x2 - 1What is the value of g(4-1))?A.2B.00C.22D.48 Why is it important that children develop aesthetic response? "Crimes against property" are much more common than "crimes against persons."1) True2 False The author italicizes the term recent (paragraph 2, sentence 2) primarily to emphasize that the End-Cretaceous mass extinction What is the first step in the treatment process for addiction where the addiction is systematically and safely withdrawn?_______ is the first step in the treatment process for addiction. It is the process where the addiction is systematically and safely withdrawn. Which situation is an example of altruistic behavior?(1 point)A) A child steals an apple.B) A child shares an apple.C) A child eats an apple.D) A child throws away an apple. so umm help i really need it it goes on my rep De que numero 48 es el 20% The Paralympic committees marketing team developed a mass-communication TV spot to raise awareness of the Paralympic brand. This type of TV spot is an example of ________.A- AdvertisingB- Guerilla marketingC- Digital Marketing 13. Victims of ingested poisons usually show signs of? (list) You had $22 to on four raffle tickets . After buying them you had $6. How much did each raffle ticket cost? Which property is demonstrated by the equation (5 + a) + 3 = (a + 5) + 3?A) Commutative PropertyB) Distributive PropertyC) Associative PropertyD) Inverse Property What tool do you use to fill a cell with color?SortFill ColorBoldFunction bar What do all magnets have in common? Select all that apply.magnetic domains are alignedmagnetic domains are not alignedmovement of protons creates a magnetic fieldall magnets have opposite poles ( a North pole and South pole)movement of electrons creates a magnetic fieldmoving electrons generate magnetic fields Maverick needed to go to the store. His dog wanted to go with him.Which option best combines the two simple sentences into one compound sentence while maintaining the meaning of theoriginal sentences? What negative effect occurs when there is a decrease in air quality? Find AB, B equal 44 C equals 53 and b equals 7