Question: Answer the following questions How can using RFID tags or bar codes on goods or products provide significant benefit in the expenditure cycle? Describe the

Answer the following questions

  1. How can using RFID tags or bar codes on goods or products provide significant benefit in the expenditure cycle?
  2. Describe the function of an impress fund.
  3. Explain what CIM means and its benefits.
  4. What is activity-based costing (ABC) and identify two (2) of the benefits of activity-based costing?
  5. What is the difference between a payroll service bureau and a professional employer organization?
  6. Explains the purpose of a general ledger payroll clearing account.
  7. . Explain two benefits of XBRL.
  8. What is responsibility accounting?

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