Hi how are you all day

Purchase order processing requires distributing, allocating and executing funds, ensuring that funds are not over-committed, and

kobusy [5.1K]

Answer:

Hi, so it apprears that this question is about Purchase Order processing.

Whilst it is important to note that the steps used in purchasing process differs from company to company depending on their policies and practices, There are also very generic steps that cut accross board. They are:

Here are the steps involved:

1. Creation of the Purchase Order

2. Approval of the Purchase Order

3. Dispatch of the Purchase Order

4. Making and taking delivery of the good(s) and or service(s) that was requested whilst checking to confirm their consistency with what was ordered.

5. Issurance of Invoice by the supplier to the purchaser demanding payment for good(s) and or service(s) delivered

6. Checking that the invoice, the purchase order and the cotents of the delivery note all synchronise before making payment.

Explanation:

Purchase order management is a subset of Financial Management. Management of finance as the name implies connotes the proper and judicial management of cashflow.

When purchae orders are reviewed, it is with the intention to check

whether or not the items ordered are no longer required
whether or not the supplier is unable to provide or deliver the requested item(s) and or service(s)
whether or not an invoice has been treated for a recieved devlivery

In doing so, funds are allocated properly (that is, there are no critical shortfalls or excessive commitment of funds. This allows for proper cashflow management.

Cheers!

5 0

3 years ago

in addition to sanctions imposed by the maryland real estate commission, serious violations of real estate license laws can resu

DanielleElmas [232]

Both you and your broker might be penalized for significant offenses when they were known to them, and both of you could have your licenses suspended or revoked.

<h3>If you are found guilty of a significant offense in Pennsylvania and it is discovered that your broker knew about it, what is the worst-case scenario?</h3>

Both you and the broker might get fines and have your licenses revoked or suspended.

<h3>What is the maximum fine that the Maryland real estate commission will impose?</h3>

The most severe penalty will consist of a real estate license being revoked and a hefty fine exceeding $10,000. This could occur if a Maryland real estate broker collects rental income on the client's behalf but does not give the client access to the funds.

To Know more about penalized

brainly.com/question/15055317

#SPJ4

5 0

1 year ago

Hodgkiss Mfg., Inc., is currently operating at only 94 percent of fixed asset capacity. Current sales are $840,000. Fixed assets

Pepsi [2]

Answer:

= $9,167

Explanation:

What information do we have relevant to our question

The Current Operating Capacity = 94%

The Current Sales = $840,000

The Current fixed Asset = $500,000

The Projected Sales = $910,000

Step 1: we determine the Sales at full capacity

= Current Sales/ The Capacity of the Fixed Asset

= $840,000 / 0.94 = 893,617.021276

Step 2: We determine the Percentage of Fixed Assets

= Current Fixed Asst / The Sales at full capacity

= $500,000/ 893,617.021276

= 0.5595238095

Step 3: We determine the Required Total fixed Assets

=Percentage of fixed assets x Projected sales.

= 0.5595238095 x $910,000

= 509,166.666645

Step 4:: We calculate the New Fixed Asset needed to support sales growth

= Total Fixed Assets calculated in step 3 - The Current Fixed Assets

= 509,166.666645 - $500,000

= $9,167

6 0

3 years ago

Which turning point most directly affected the development of the free market economy?.

Vlad1618 [11]

Answer:

The Roosevelt Corollary was an extension of which of the following policies?

the gold standard

the Dawes Act

the Treaty of Paris

the Monroe Doctrine

Explanation:

The Roosevelt Corollary was an extension of which of the following policies?

the gold standard

the Dawes Act

the Treaty of Paris

the Monroe Doctrine

The Roosevelt Corollary was an extension of which of the following policies?

the gold standard

the Dawes Act

the Treaty of Paris

the Monroe Doctrine

The Roosevelt Corollary was an extension of which of the following policies?

the gold standard

the Dawes Act

the Treaty of Paris

the Monroe Doctrine

5 0

3 years ago

North American Van Lines and Allied Van Lines combined in a _____ merger that will create the world's largest moving company. Pr

8_murik_8 [283]

Based on the type of customers that both companies served, this is a <u>horizontal merger. </u>

<h3>What is a horizontal merger?</h3>

This refers to a situation where companies in the same industry but with different market targets combine.
This is often done to increase market share and efficiency.

North American Van Lines and Allied Van Lines targeted different customers so when they merged, this was a horizontal merger.

Find out more on horizontal mergers at brainly.com/question/1807854.

5 0

3 years ago