Why should a receiving clerk be denied access to information on a purchase order?
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 61% (13 reviews)
This practice is called a blind PO and the advantage is that it forces a physical count of goods re...View the full answer
Answered By
JAPHETH KOGEI
Hi there. I'm here to assist you to score the highest marks on your assignments and homework. My areas of specialisation are:
Auditing, Financial Accounting, Macroeconomics, Monetary-economics, Business-administration, Advanced-accounting, Corporate Finance, Professional-accounting-ethics, Corporate governance, Financial-risk-analysis, Financial-budgeting, Corporate-social-responsibility, Statistics, Business management, logic, Critical thinking,
So, I look forward to helping you solve your academic problem.
I enjoy teaching and tutoring university and high school students. During my free time, I also read books on motivation, leadership, comedy, emotional intelligence, critical thinking, nature, human nature, innovation, persuasion, performance, negotiations, goals, power, time management, wealth, debates, sales, and finance. Additionally, I am a panellist on an FM radio program on Sunday mornings where we discuss current affairs.
I travel three times a year either to the USA, Europe and around Africa.
As a university student in the USA, I enjoyed interacting with people from different cultures and ethnic groups. Together with friends, we travelled widely in the USA and in Europe (UK, France, Denmark, Germany, Turkey, etc).
So, I look forward to tutoring you. I believe that it will be exciting to meet them.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Accounting Information Systems The Processes and Controls
ISBN: 978-1118162309
2nd edition
Authors: Leslie Turner, Andrea Weickgenannt
Question Posted:
Students also viewed these Accounting questions
-
Why is a blind purchase order used as a receiving report document?
-
A clerk of court is responsible for receiving and logging legal documents that are to be placed before the various judges to review and sign. She receives these documents on a first come, first...
-
Should companies purchase software that shuts down all access terminated employees have to company equipment, credit cards, website access, and premises as soon as the termination takes effect? Why...
-
How does MC1R Protein Synthesize?
-
The cost of a pound of nails increased from $2.36 to $2.53. What is the percent of increase to the nearest whole-number percent?
-
Create a SWOT analysis for yourself, listing your own personal strengths, weaknesses, opportunities, and threats. How would you use this evaluation to move ahead in your future professional career?
-
(a) Does it make sense to talk about a dielectric constant for a conductor? If so, what value does the constant have? (b) What is the breakdown threshold for a conductor?
-
Northwest University is in the process of completing a computer bus network that will connect computer facilities throughout the university. The prime objective is to string a main cable from one end...
-
3. As. Mr. Cartwright's financial advisor, would you urge him to go ahead with, or to reconsider, his anticipated expansion and his plans for additional debt financing? As the banker, would you...
-
Target purchases home goods made by a supplier in China.Targets stores in the United States sell 200,000 units of home goods each month. Each unit costs $10 and the company has an annual holding cost...
-
Debate the logic used in the following statement: The person responsible for approving cash disbursements should also prepare the bank reconciliation because he is most familiar with the checks that...
-
Identify some inefficiencies inherent in a manual expenditures processing system.
-
On June 1, Meyers Hotel Corporation had 80,000 shares of no-par common stock issued and outstanding. The stock has a stated value of $10 per share. During the year, the following occurred: Jul. 1...
-
Which of the following languages does not offer Object Oriented Programming (OOP)? Python Java Algol 60 C++ O 4
-
1. Write a C++ program asking the user to enter a number between 1 and 100. Validate the input. Use a while loop and a counter to print the first 20 multiples of that number. Sample run of program:...
-
The algorithm strategy will generally give the worst experience among below? Dynamic programming greedy brute force divide and conquer
-
:Why is the following program fragment? explain breifly O(N) for: for(i = 0; i
-
Let P(x) denote "x + 225", find the truth values for the following compound propositions: a) b) c) P (1) V P(-2) P (4) AP (3) P (X) VP (2)
-
What are the reasons why it is so difficult for late-moving, incompatible rivals to compete in markets where a dominant, proprietary standard is present? What is technological leapfrogging and why is...
-
Find the area of the surface generated by revolving the para- metric curve x = cos 1, y = sin? 1 (0 < I sa/2) about the y-axis.
-
A standard four-drawer filing cabinet is 52 inches high and 15 inches wide. If it is evenly loaded, the center of gravity is at the center of the cabinet. A worker is tilting a filing cabinet to the...
-
On June 1, Campbell Corporation purchased ten acres of land in exchange for a promissory note in the amount of $50,000. Using the formats shown in Example 3-6, prepare the journal entry to record...
-
The following events take place at Dillons Delivery Service: 1. Supplies are ordered from vendors who will deliver the supplies within the week. 2. Vendors deliver supplies on account, payment due in...
-
Expert Consulting Services Inc. was organized on March 1, 2010, by two former college roommates. The corporation provides computer consulting services to small businesses. The following transactions...
-
Victor Korchnoi bought a bond one month before a semi-annual coupon was due. The face value was $10,000 and the coupon rate 8.5%. At the time of purchase there were 34 coupons left and the YTM was 6%...
-
4. Consider a 30-year U.S. Treasury bond paying 4.5 percent coupon, and selling for $1010. What is the yield to maturity? Make sure to show your work. 5. A 30-year U.S. corporate bond with a 6...
-
A project's base case or most likely NPV is $44,000, and assume its probability of occurrence is 50%. Assume the best-case scenario NPV is 65% higher than the base case and assume the worst scenario...
Study smarter with the SolutionInn App