Using a search engine, search the internet for information about Electronic Invoice Presentment and Payment. You may have more success by searching for the terms EIPP and invoices together in one search. Based on what you read about EIPP on the web, what are the advantages and disadvantages of EIPP? One of the concepts about EIPP is that is should benefit both the buying company and the selling company. What do you think the benefits are to buyer, and what are the benefits to the seller?
Answer to relevant QuestionsYou are an accounts payable clerk for a small home improvements contractor. Speculate on the type of fraud that could be in process here. What (if anything) could you do to ascertain the propriety of the transaction and ...Sales and inventory purchases are routine processes that occur nearly every day in a business. How are these routine processes different from payroll or fixed asset processes? What is different about the nature of fixed asset purchasing that makes authorization controls important? Using an Internet search engine, search for the phrase “fixed asset software” (be sure to include the quotation marks). Examine the results to find companies that sell fixed asset software. List and explain some of the ...Why is batch processing well-suited to payroll processes?
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