This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: In the expenditure cycle, Financial Electronic Data Interchange (FEDI) increases efficiency by (Read 109 times)

bio_gurl

  • Hero Member
  • *****
  • Posts: 524
on: Apr 8, 2019

Question 1

Which control would best prevent payments made to fictitious vendors?
◦ Allow payments only to approved vendors.
◦ Restrict access to any payment or approval documents.
◦ Have an independent bank reconciliation.
◦ Make sure all documents are in order before approving payments.

Question 2

In the expenditure cycle, Financial Electronic Data Interchange (FEDI) increases efficiency by
◦ eliminating the need for receiving reports.
◦ eliminating the need for vendor invoices.
◦ eliminating the need for purchase orders.
◦ eliminating the need to prepare and mail checks.
Accounting Information Systems ¦ Romney, Steinbart ¦ 14th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by bio_gurl on Apr 8, 2019

jamesnevil303

  • Sr. Member
  • ****
  • Posts: 337
Reply #1 on: Apr 8, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 56% of students answer this correctly


bio_gurl

  • Hero Member
  • *****
  • Posts: 524
Reply #2 on: Apr 8, 2019
TY


jamesnevil303

  • Sr. Member
  • ****
  • Posts: 337
Reply #3 on: Apr 8, 2019
You're welcome


« previous next »
 

Did you know?

A recent study has found that following a diet rich in berries may slow down the aging process of the brain. This diet apparently helps to keep dopamine levels much higher than are seen in normal individuals who do not eat berries as a regular part of their diet as they enter their later years.

Did you know?

Recent studies have shown that the number of medication errors increases in relation to the number of orders that are verified per pharmacist, per work shift.

Did you know?

There are more sensory neurons in the tongue than in any other part of the body.

Did you know?

Alcohol acts as a diuretic. Eight ounces of water is needed to metabolize just 1 ounce of alcohol.

Did you know?

Nitroglycerin is used to alleviate various heart-related conditions, and it is also the chief component of dynamite (but mixed in a solid clay base to stabilize it).

The complete life cycle of a trematode. The complete life cycle of a trematode.
The Calvin cycle. The Calvin cycle.
The Cell Cycle The Cell Cycle
An example of an intake screen in an electronic health record. An example of an intake screen in an electronic health record.
Life cycle of Entamoeba histolytica. Life cycle of Entamoeba histolytica.
The nucleotide addition cycle in T. thermophilus RNA polymerase The nucleotide addition cycle in T. thermophilus RNA polymerase
Video: Griffith's experiments

For a complete list of videos, visit our video library