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: 64% (14 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?
-
How is the DuPont system related to both the balance sheet and the income statement?
-
Data set: Daily calorie intakes (in kilojoules) of 28 people Construct a cumulative frequency distribution and an ogive for the data set using six classes. Then describe the location of the greatest...
-
Using CAPM A stock has an expected return of 10 percent, its beta is .70, and the risk-free rate is 5.5 percent. What must the expected return on the market be?
-
Geneva Conventions are customary approved agreements for international treaties that was created in Geneva Switzerland between 1864 and 1949. These treaties serve as a guide to restrain unsparing...
-
Refer to the chapter discussion of Enriquez Machine Parts Company beginning on page 534. Suppose Enriquez decided to use only one overhead cost pool for both departments with machine hours as the...
-
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.
-
Using the following (random) data, demonstrate what happens to the multiple correlation when you drop out cases from the data set (e.g., use 15 cases, then 10, 6, 5, 4). 99779 78370 46072 15694 4116-...
-
Big Waves is a large water park. Suppose the individual demand for entrance into Big Waves is Qd = 50 - (2 P) and each consumer has the same demand. Big Waves has a constant marginal cost of $5 per...
-
Instructions For each of the bulleted items below: Determine: when revenue was/will be earned, or expense was/will be incurred. when cash was/will be paid or received. Identify which accounts will be...
-
Discuss the effects of low fertility rate on long-run aggregate Supply.
-
2. Reflect on the results of your rational decision-making model. Does the option that received the highest score seem like something you'd be interested in pursuing? Is there another option that...
-
Given the relation-specific investment with Indian government, would you invest? Map out your game theoretic decision tree supporting this decision. HBS Case Study: Enron Development Corporation: The...
-
To determine drug dosages, doctors estimate a person's body surface area (BSA) (in meters squared) using the formula BSA =hm/60, where h is the height in centimeters and m the mass in kilograms....
-
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...
-
Members BC and ABC need a material that can withstand at least 1643 psi. (based on chart provided a. ???Will we be able to use 1018 steel for either members ABC, BD, or both? b. ???If not would cold...
-
Company Y , a beverage manufacturer, observed that their product's demand and supply were in perfect balance, leading to consistent sales and no surplus or shortage in the market. What does the case...
-
1.) Identify the price, place and promotion strategies of Apple Pay? How is Apple Pay being promoted in the US. - How, When, Where, by what means. 2.) How does their marketing strategy reflect the...
Study smarter with the SolutionInn App