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

Author Question: If available, a 1% discount for payment within 10 days instead of 30 days represents an approximate ... (Read 342 times)

skymedlock

  • Hero Member
  • *****
  • Posts: 561
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
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

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

ankilker

  • Sr. Member
  • ****
  • Posts: 328
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


skymedlock

  • Hero Member
  • *****
  • Posts: 561
Reply #2 on: Apr 8, 2019
Thank you!


ankilker

  • Sr. Member
  • ****
  • Posts: 328
Reply #3 on: Apr 8, 2019
Always glad to help...


« previous next »
 

Did you know?

If you use artificial sweeteners, such as cyclamates, your eyes may be more sensitive to light. Other factors that will make your eyes more sensitive to light include use of antibiotics, oral contraceptives, hypertension medications, diuretics, and antidiabetic medications.

Did you know?

There are more bacteria in your mouth than there are people in the world.

Did you know?

There are over 65,000 known species of protozoa. About 10,000 species are parasitic.

Did you know?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

Did you know?

Stroke kills people from all ethnic backgrounds, but the people at highest risk for fatal strokes are: black men, black women, Asian men, white men, and white women.

Rule of Nines. A method for determining percentage of body burned. Each different colored section re Rule of Nines. A method for determining percentage of body burned. Each different colored section re
When the United States gets stuck over a controversial issue—usually something a divided Congress ca When the United States gets stuck over a controversial issue—usually something a divided Congress ca
For millions of people, the United States represents a land of opportunity and freedom from ... For millions of people, the United States represents a land of opportunity and freedom from ...
Debt payments of $1610.00 due today, $725.00 due in 101 days and $670.00 due in 296 days ... Debt payments of $1610.00 due today, $725.00 due in 101 days and $670.00 due in 296 days ...
Find the equivalent replacement payments for the following scheduled payment. Find the equivalent replacement payments for the following scheduled payment.
Compute the rate of discount allowed on a rontor -tiller that lists for K 341 and is sold for K ... Compute the rate of discount allowed on a rontor -tiller that lists for K 341 and is sold for K ...
Video: Hormonal regulation of pregnancy - weeks 17 through 38

For a complete list of videos, visit our video library