Name the key tasks associated with purchases procedures


Purchases procedures include the tasks of identifying inventory needs, placing the order, receiving the inventory, and recognizing the liability.

Business

You might also like to view...

Research on Person–Environment (PE) fit has shown that when an individual’s personality is aligned with their environment it results in ______.

A. reduced job satisfaction B. increased organizational commitment C. poor performance on the job D. low self-esteem

Business

The aim of the ______ strategy is to maintain a constant production rate.

A. level B. product C. chase D. mixed

Business

The government market

A. normally uses a mandatory bidding procedure. B. usually buys from the lowest-price supplier that can meet the written specifications. C. is the largest customer group in the United States, accounting for about 30 percent of the gross domestic product. D. often relies on an "approved supplier list" for routine items that are bought frequently. E. All these answers are correct.

Business

The EVA of a firm is $6.25 million and the firm has 2.78 million outstanding shares. What is the maximum amount of dividend that can be paid to shareholders??

A. $1.65? B. ?$2.25 C. ?$3.12 D. ?$3.89 E. ?$4.41

Business