Describe the use and purpose of purchase requisitions?
What will be an ideal response?
Purchase requisitions are used to divide responsibility. A department manager informs the purchasing department of its needs by preparing and signing a purchase requisition. The purchase requisition lists the merchandise requested to be purchased.
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Excise taxes to be paid on the purchase of factory equipment would be included in which of the following accounts?
A) Equipment B) Deferred Taxes C) Excise Tax Expense D) Accumulated Depreciation?Equipment
What is the purpose of the "internal reports system" subsystem of the marketing information system?
A) to obtain everyday information about pertinent developments in the environment B) to supply collected data that may be accessed and analyzed using tools and techniques that assist managers in decision making C) to gather information generated by internal reports, which includes orders, billing, receivables, inventory levels, stock-outs, among others D) to generate the particular information needed for the specific situation E) to gather information not gathered by the other MIS component subsystems
You receive a printed document back from your supervisor with three short underlines (?) under several letters. In those places, she is suggesting that you ________
A) delete the word B) capitalize the word C) insert more information D) ?start a new paragraph
Which of the following is true of a unilateral mistake?
A. Only one mistake or ambiguity is present in the subject matter of entire contract. B. Out of several contracts drafted simultaneously between two parties, one has a mistake in its subject matter that does not concern the other contracts. C. Only one party is mistaken about a material fact regarding the subject matter of a contract. D. A single mistake about a material fact in the subject matter of a contract appears several times in the contract.