Answer:Electronic data interchange (EDI)
Explanation:
Because manual operation in business tend to cause sluggish processing of documents, Electronic data interchange (EDI) is adopted which is the use of standard electronic format to replaces paper-based documents like purchase orders or invoices, postal mail, fax so that business operations and recordings can flow straight through to the appropriate application.
Using a standard format like ANSI, EDIFACT etc for EDI documents is necessary so that computers in use understands each piece of information is and in what format it should document so as to pass relevant information to a receiver.
Because the exchange of EDI documents is typically between business partners, Electronic Data Interchange is important because it helps to eliminates manual data entry errors
,Streamline transaction processing leading to Increases productivity because it easier and more cost-effective since business do not require more staff.
Answer:
B. all of the above
Explanation:
Suggested policy on executive smartphone use:
- Smartphone configuration and archiving policies.
- A mandatory password requirement for smartphones.
- A stated policy on deleting messages on smartphones
Answer:
A) Communicate regularly about the firm’s progress toward meeting its strategic objectives as well as the threats and weaknesses that pose challenges.
D) Adopt a compensation plan that pays employees more when the company meets its goals.
Explanation:
If Cumberland Farms wanted to take other actions to empower its workforce, they should consider communicate regularly about the firm’s progress toward meeting its strategic objectives as well as the threats and weaknesses that pose challenges. this will allow employees to have a better idea of the company and can make better decisions.
They must also adopt a compensation plan that pays employees more when the company meets its goals which would motivate employees to make decisions that would benefit the company and work harder.
Answer:
petty cash fund 242 debit
cash 242 credit
--to establish a petty fund--
freigth-out 53.40 debit
entertainment expense 15.00 debit
postage expense 12.70 debit
miscellaneous expense 112.50 debit
cash shortage loss 2.40 debit
cash 196 credit
--to replenish the fund on August 15th--
petty cash fund 200 debit
cash 200 credit
--to increase petty fund by 200 dollars--
freigth-out 25.40 debit
entertainment expense 153.60 debit
postage expense 124.00 debit
cash shortage loss 1.00 debit
cash 304 credit
--to replenish the fund on August 31th--
Explanation:
when replenish we don't use the petty fund account we adjust directly against cash leaveing the petty fund balance untouched. We only adjusted for increases or decreases in the total amount available at the petty cash fund.
