Question: How do computerized purchasing systems help to reduce the risk of purchasing bottlenecks?

How do computerized purchasing systems help to reduce the risk of purchasing bottlenecks?

Step by Step Solution

★★★★★

3.42 Rating (165 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

Routine purchases can be automated thus reducing the t... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Document Format (1 attachment)

Word file Icon

210-B-A-A-C (1424).docx

120 KBs Word File

Students Have Also Explored These Related Accounting Questions!

Q:

Illustrate how hedgers use futures contracts to reduce the risk of loss from fluctuations in prices.

Q:

In what way can hedging reduce the risk of financial distress? How might reducing the risk of financial distress increase firm value?

Q:

Why would omega-3 fatty acids reduce the risk of cardiovascular disease?

Q:

Book reference: Expenditure Cycle - Accounting Information System by James Hall 1. What document shows when fixed assets are fullydepreciated? 2. Who should authorize disposal of fixed assets? 3....

Q:

How do computerized purchasing systems help to reduce the risk of purchasing bottlenecks?

Q:

10. How do computerized purchasing systems help to reduce the risk of purchasing bottlenecks?

Q:

please answer all 5 questions and i will thumbs up. Somebody else posted these questions but the answers are wrong. Make sure these are correct thanks! Which of the following is not a future trend in...

Q:

1. Which of the following is not a future trend in purchasing? a.Use of AI and algorithms for information processing and most office jobs b.Decentralized purchasing c.Flatter hierarchies d.Center-led...

Q:

6. Which of the following is not a future trend in purchasing? a. Center-led structures b. Flatter hierarchies c. Use of AI and algorithms for information processing and most office jobs d....

Q:

Select any two topics and a summary on those two topics and pages are 3 to 4 Fraud, Internal Control, and Cash 8 CHAPTER PREVIEW FEATURE STORY As the Feature Story about recording cash sales at...

Q:

What is the smallest viewing rectangle that contains every member of the family of polar curves r = 1 + c sin , where 0

Q:

Identify at least five internal control weaknesses and explain the reason why these are considered weaknesses. For each weakness identified, give recommendations to remove such weakness. Mabuhay...

Q:

On the Go Stores has 23 convenience stores located in the Southeast United States. Data for these 23 stores is shown in Table 1 below. Five of the 23 stores (stores 1, 4, 10, 13, and 22) opened...

Q:

If you work for a private company or nonprofit, make a list of those regulatory agencies that have the most impact on your organization. If your organization depends on these agencies for funding or...

Q:

What is the role of the audit committee of the board of directors?

Q:

When can external auditors rely on the work performed by internal auditors?

Q:

What is the role of network administration?

Q:

An investor is considering buying XYZ Corp. stock on margin. His stockbroker informed him that 100 shares of XYZ Corp. cost $42 a share. The margin requirement was 60 percent with an interest rate of...

Q:

Titan Mining Corporation has 10.1 million shares of common stock outstanding and 450,000 5 percent semiannual bonds outstanding, par value $1,000 each. The common stock currently sells for $49 per...

Q:

Q. 9. Project Seef costs BD 52,125, its are BD 12,000 per year for 8 years and its discount rate is 12%. What internal rate of return (IRR)? Q. 12. What are the interest rate assumptions built into...