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andreev551 [17]
3 years ago
7

The __________ of the procure-to-pay cycle is ordering; the most common way the ordering step begins is through the release of a

purchase order. A purchase order (PO) is simply a document that authorizes a supplier to deliver a product or service and often includes terms and conditions, such as price, delivery, and quality requirements.
Business
1 answer:
GarryVolchara [31]3 years ago
6 0

Answer:

The <u>FIRST STEP</u> of the procure-to-pay cycle is ordering;

Explanation:

The procure to pay cycle  is the set of activities required to follow through a buying process in a company, it includes identifying the need, looking for and assigning a vendor, approving the vendor's specifications, receiving the supplies and finally paying the money owed to the vendor. This process consists of five steps:

  1. ordering
  2. follow up and expediting
  3. receipt and inspection
  4. settlement and payment
  5. records maintenance

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Which statement on MRP explosion is BEST? Group of answer choices It calculates the total number of subassemblies, components, a
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Answer:

It calculates the total number of subassemblies, components, and raw materials needed for each parent item.

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It is called Process Explosion to refer to Routings (Bill of Operation), take the manufacturing order to processes, and then issue an operation order by the process. By performing the Process Explosion, the necessary processes to produce an item, the order for performing them, the labor hours in each process, and etc.

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The Academic Computing Center has five trainers available in its computer labs to provide training sessions to students. Assume
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Answer:

Total actual utilisation = 1,710 unit

Explanation:

Given:

Design capacity = 1,900 units

Effective capacity = 90%

Actual output = 1,500 units

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Total actual utilisation = Design capacity x Effective capacity

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For each of the following independent events, identify the account that would be debited and the account that would be credited.
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Answer:

A. Received cash by issuing common stock

Debit: Cash

Credit: common stock

B. Received cash for services to be performed in the future.

Debit: Cash

Credit: unearned revenue.

C. Paid salaries payable

Debit: salaries payable

Credit: cash

D. Provided services on account.

Debit: accounts receivable

Credit: service revenue

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Debit: operating expenses

Credit: cash

Explanation:

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Debit: Cash

Credit: common stock

B. Received cash for services to be performed in the future.

Debit: Cash

Credit: unearned revenue.

C. Paid salaries payable

Debit: salaries payable

Credit: cash

D. Provided services on account.

Debit: accounts receivable

Credit: service revenue

E. Paid cash for operating expenses

Debit: operating expenses

Credit: cash

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3 years ago
What are some of the things many CTSOs do for their members? Check all that apply.
jarptica [38.1K]

Answer:

The correct answers would be option B and D, Provide hands on experience and connect students with experts.

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3 years ago
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