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Author Question: In the expenditure cycle, Financial Electronic Data Interchange (FEDI) increases efficiency by (Read 150 times)

bio_gurl

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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
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Marked as best answer by bio_gurl on Apr 8, 2019

jamesnevil303

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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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bio_gurl

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Reply #2 on: Apr 8, 2019
TY


jamesnevil303

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Reply #3 on: Apr 8, 2019
You're welcome


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