Which of the following items is not a control plan of the purchasing process?
a. minimize inventory carrying costs
b. approved purchase order
c. compare vendors for favorable prices, terms, quality, and product availability
d. PO confirmation to requesting department
A
You might also like to view...
Once cash receipts and cash payments have been established, the cash increase or decrease is added to the period's beginning balance to arrive at a projected cash balance at period end
Indicate whether the statement is true or false
Which of the following is NOT a technique for writing a bad-news message?
a. Use positive language to accentuate the positive. b. Use the deductive writing approach. c. Sandwich the bad news between the buffer and positive closing. d. Use passive voice, general terms, and abstract nouns.
The supply of loanable funds ultimately depends on:
A) the Federal Reserve's monetary and economic policy. B) commercial banks' inclination to lend at prevailing interest rates. C) the time preference for consumption. D) the opportunities available to use the funds.
A contract clause which specifies the amount of damages to be paid in the event of a breach is called
A. a covenant of damages clause. B. a reliance interest of damages clause. C. a liquidated damages clause. D. an incidental damages clause.