Which of the following items is not a control plan of the AP/CD process?
a. check for authorized prices, terms, freight, and discounts
b. independent validation of vendor invoices
c. independent authorization to make payment
d. reconcile bank account
A
You might also like to view...
The creation of knowledge assets is typically characterized by
A. low upfront costs and high variable costs. B. high upfront costs and low variable costs. C. high fixed costs and high variable costs. D. high upfront costs and subsequent high variable costs.
When loading limits are set on the amount of load assigned to each work center per period, this is referred to as ______.
A. finite loading B. limited loading C. controlled loading D. managed loading
What is a set of quality standards developed by the International Organization for Standardization?
A) Malcolm Baldrige National Quality Award B) Deming Prize C) ISO 14000 D) IOS 2009 E) ISO 9000
Of the following EOQ model assumptions, the most limiting is
A) constant unit price. B) uniform demand. C) independent orders. D) constant ordering costs.