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Author Question: If available, a 1% discount for payment within 10 days instead of 30 days represents an approximate ... (Read 341 times)

skymedlock

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on: Apr 8, 2019

Question 1

When purchasing miscellaneous supplies, companies can reduce costs, improve efficiency, and combat employee fraud by
◦ using procurement cards.
◦ implementing a JIT inventory system.
◦ requiring employees to personally purchase items then reimbursing employees at the end of each month.
◦ paying amounts out of petty cash.

Question 2

If available, a 1% discount for payment within 10 days instead of 30 days represents an approximate savings of ________% annually.
◦ 1
◦ 12
◦ 18
◦ 36
Accounting Information Systems ¦ Romney, Steinbart ¦ 14th Edition
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Marked as best answer by skymedlock on Apr 8, 2019

ankilker

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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.
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skymedlock

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Reply #2 on: Apr 8, 2019
Thank you!


ankilker

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Reply #3 on: Apr 8, 2019
Always glad to help...


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