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larisa86 [58]
3 years ago
6

Briefly list and discuss two problems that a purchasing department sometimes has in meeting objectives.

Business
2 answers:
Zielflug [23.3K]3 years ago
6 0
A purchasing department may have difficulty getting a product quickly as it may not be readily available so may have to wait for it and also, there may be a problem getting a product at a  reasonable price which means the purchaser would have to search elsewhere for it which could take time.
Harrizon [31]3 years ago
5 0

Two problems that a purchasing department sometimes has in meeting objectives are meeting demand and organization of employees.

If there is a shortage in available items for purchasing, the department store may not be able to bring in the products to help meet their objectives. Sometimes objectives for one type of company directly relates to the availability of product from another company. Also, if the purchasing department does not have organization of their employees, they could easily slack off which may result in not meeting objectives. Like any business or department, it's very important to make sure there is employee organization to help operations run smoothly.

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pantera1 [17]

Answer:

i just took this quiz its B

Explanation:

7 0
3 years ago
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The fund has not borrowed any funds, but its accrued management fee with the portfolio manager currently totals $25,000. There a
kvv77 [185]

Answer:

$9.79

Explanation:

The computation of the  net asset value of the fund is shown below:

Net asset value of the fund = Equity ÷ Total outstanding shares

where,

Equity

= Total assets - total liabilities

where,

Total assets equal to

= 220,000 shares × $35 + 320,000 shares × $40 + 420,000 shares × $15 + 620,000 shares × $20

= $7,700,000 + $12,800,000 + $6,300,000 + $12,400,000

= $39,200,000

And, liabilities is $25,000

So, the net asset value of the fund equal to

= ($39,200,000 - $25,000) ÷ (4,000,000 shares)

= $9.79

7 0
3 years ago
On April 1, Garcia Publishing Company received $33,480 from Otisco, Inc. for 36-month subscriptions to several different magazin
allochka39001 [22]

Answer:

Unearned Fees A/c Dr.  $8,370;

Fees Earned A/c  Cr. , $8,370.

Explanation:

The amount of  $33,480  paid is for 36 months.  Subscription per months will be $33,480 divided by 36 months

=$33,480 / 12

=$930

The subscription was paid on April 1st. Between April 1st and December 31st, there were 9 months.

The subscriptions for that year will be

= $930 x 9

=$8,370

The journal entries will be as follow

Unearned Fees A/c Dr.  $8,370;

Fees Earned A/c  Cr. , $8,370.

3 0
3 years ago
Ethical behavior begins with:.
Marizza181 [45]

Answer:

manners

Explanation:

4 0
2 years ago
In October of the current year, Jasmine received a $15,520 payment from a client for 32 months of rent. The rental period begins
serg [7]

Answer:

Jasmine recognize $1,940 this year if she uses the accrual method of accounting.

Explanation:

The Accrual or Matching Concept in accounting requires revenues and expenses to be recorded in the period i which they occur or incur.

The entry to record the receipt of payment is :

Cash $15,520 (debit)

Unearned Rental Income $15,520 (credit)

By the end of the year on 31 December, 4 months rent income starting September will have been earned and entries are as follows :

Unearned Rental Income $1,940 (debit)

Rental Income $1,940 (credit)

Rental Income calculation = $15,520 × 4 / 32

                                           = $1,940

5 0
3 years ago
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