Which of the following events would indicate recording of a purchase in the AIS? a. Issue Purchase
Question:
Which of the following events would indicate recording of a purchase in the AIS?
a. Issue Purchase Order
b. Receive Goods
c. Make Payment
d. Transfer Inventory
e. None of these options
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (1 review)
The event that would indicate the recording of a purchase in the Accounting Inform...View the full answer
Answered By
Muhammad Umair
I have done job as Embedded System Engineer for just four months but after it i have decided to open my own lab and to work on projects that i can launch my own product in market. I work on different softwares like Proteus, Mikroc to program Embedded Systems. My basic work is on Embedded Systems. I have skills in Autocad, Proteus, C++, C programming and i love to share these skills to other to enhance my knowledge too.
3.50+
1+ Reviews
10+ Question Solved
Related Book For
Accounting Information Systems
ISBN: 9781266370373
4th Edition
Authors: Vernon Richardson, Chengyee Chang, Rod Smith
Question Posted:
Students also viewed these Business questions
-
Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...
-
1. Which of the following is not an activity in the purchases and payments process? a. Request prices b. Receive items c. Pay for items d. Bill customers e. All of the above are activities in the...
-
During one week, four production employees of Martinez Manufacturing Company worked the hours shown below. All these employees receive overtime pay at one and one-half times their regular hourly rate...
-
Fernando has a monopoly on sales of pizzas in the small town of North Key Largo, Florida. Use the following information on the demand for Fernando's pizzas to answer the questions. Price Quantity...
-
Calculate the new interest rate if a bank realizes that the value of a mortgage increases from \($450,000\) to \($471,428.57,\) if the duration of the mortgage is 10 years and the interest rate used...
-
Design a PV system for the following application: A refrigerator/freezer unit for vaccine storage in a remote island of Roatan, Honduras \(\left(16^{\circ} \mathrm{N} ight.\) latitude, \(86^{\circ}...
-
Chippewas Inc. has decided to purchase equipment from Central Michigan Industries on January 2, 2014, to expand its production capacity to meet customers demand for its product. Chippewas issues an...
-
Monty Corp. Inc. had a beginning inventory of 100 units of Product RST at a cost of $9 per unit. During the year, purchases were: Feb. 20 585 units at $10 Aug. 12 395 units at $12 May 5 480 units at...
-
Conduct a Pareto analysis for the number of minutes that flights are late in the accompanying data. Interpret the results. E Click the icon to view the Atlanta Airline Data. Conduct a Pareto analysis...
-
Which of the following is not an activity in the conversion process? a. Authorize production b. Issue raw material c. Perform work d. Transfer finished goods to customers e. All of these are...
-
Which of the following is an agent in a purchases and payments structure model? a. Employee labor b. Receipt of goods c. Cash disbursement d. Inventory e. Supplier
-
Is price discrimination involved if a large oil company sells gasoline to taxicab associations for resale to individual taxicab operators for 2 cents a gallon less than the price charged to retail...
-
An analyst at a real estate investment management firm seeks to establish expectations for rate of return for properties in the industrial sector over the next year. She has obtained the following...
-
An analyst is reviewing various asset alternatives and is presented with the following information relating to the broad equity market of Switzerland and various industries within the Swiss market...
-
Time value of money calculations may not be required in an economic evaluation for all of the following reasons except a. annual cash flows are proportional to the first year cash flow b. inflation...
-
A bottled mango juice drink must contain at least 17 percent mango juice for proper taste. The drink is created by blending unprocessed juice from two orchards. RightRipe Orchard sells unprocessed...
-
A child receives \($100\),000 as a gift, which is deposited in a bank account earning 6 percent compounded semiannually. If \($5\),000 is withdrawn at the end of each half year, how long will the...
-
Ryan Marie Company has one asset, a bond issued by Miles Company that Ryan Marie purchased (on the day it was issued) as an investment. Ryan Marie also has only one liability, one of its own bonds...
-
The population of Detroit, Michigan, decreased from 1,027,974 in 1990 to 688,701 in 2013 (Source: U.S. Census Bureau). Find the average rate of change in the population of Detroit, Michigan, over the...
-
Recently, the U.S. federal government and the American Institute of Certified Public Accountants (AICPA) have taken aggressive steps aimed at ensuring the quality of organizational governance. What...
-
Enterprise Risk Management is a process for organizational governance. Discuss why this might be correct and why it might not.
-
If it werent for the potential of computer crime, the emphasis on controlling computer systems would decline significantly in importance. Do you agree? Discuss fully.
-
Wilmington Company has two manufacturing departments-Assembly and Fabrication. All of its manufacturing overhead costs are fixed costs. The first set of data shown below is based on estimates from...
-
A company reports the following amounts at the end of 2024 (before adjustment). Credit Sales for 2024 Accounts Receivable, December 31, 2024 Allowance for Uncollectible Accounts, December 31, 2024...
-
Laker Incorporated's fiscal year-end is December 31, 2024. The following is an adjusted trial balance as of December 31. Accounts Debit Credit Cash Supplies $10,900 33,500 Prepaid Rent 24,500...
Study smarter with the SolutionInn App