As we look into the future the traditional purchasing approach will be transformed into E-sourcing.
<h3>What is E-sourcing?</h3>
- The typical seven-step sourcing procedure can be used with a number of e-Sourcing solutions.
- The procedures are the same whether e-sourcing software is used or not.
- The distinction is in how you carry out each action.
- You should choose the tools as a category manager or sourcing specialist that are most compatible with your company's goals.
- It takes considerable knowledge of every tool in the toolbox to know which tool to use when. E-sourcing tools are placed beneath the relevant steps in the sourcing process below.
- Simply put, e-Sourcing is a group of digital tools that aid in streamlining, streamlining, and improving the strategic sourcing activities and procurement processes carried out by the procurement team of an organization.
Hence, As we look into the future the traditional purchasing approach will be transformed into E-sourcing.
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Answer:
c. Debit: Discount on notes payable, $41,884.
Explanation:
The journal entry is shown below:
Equipment $883,116
Discount on Notes payable $41,884 ($740,000 - $698,116)
To Notes payable $740,000
To Cash $185,000
(Being the amount paid in cash and note payable is recorded)
Working note
= Note payable amount × PVF factor at 6% for one year
= $740,000 × 0.94340
= $698,116
For recording this we debited the equipment as it increased the assets and discount is always debited while the note payable and cash is credited as it increased the liabilities and reduced the assets
Good communication, Positive social skills, Reliable transportation
are the qualities that will help you succeed in the work place
<u>Explanation:
</u>
Employers respect workers who would communicate effectively; this means that they can respond to others and express their own views and ideas efficiently. Although listening and communicating are essential for good communication, other skills are important for strong interpersonal communication.
Empathy, Listening, cooperation are the main skill needed to be successful in work environment. Those are positive social skills.
Reliable travel in most cases simply ensures you can be on time every day. Most specifically, when you get a great job on a timetable, it's not just someone's business how and when to work every day, provided your transportation options.
<span>These managers demonstrate both high levels of task leadership and high levels of social leadership. They have to be skillful in the tasks that need to be done, but without being able to lead their employees, they wouldn’t be able to accomplish all of their goals.</span>
Answer:
$1,500,000
Explanation:
When anyone donates property to a qualifying charity or educational institution (in this case the university) the donation amount is equal to the property's basis = $1,500,000.
Once the amount is determined, the taxpayer can only deduct up to 50% of his adjusted gross income for the year.