Some larger companies and government entities issue contracts for major purchases and then issue specific purchase orders
Question:
The contract can specify prices and payment terms as well as other administrative procedures. How would the use of contracts affect the standard process flow as shown in Figure 6.2? How would it affect the UML class diagram for the purchases and payments process?
FIGURE 6.2: Basic Purchases Activity Model
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Related Book For
Accounting Information Systems
ISBN: 978-1260153156
2nd edition
Authors: Vernon Richardson, Chengyee Chang, Rod Smith
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