Procure to pay Study guides, Class notes & Summaries

This document contains workings, explanations and solutions to the LML4804 Assignment 1 (QUALITY ANSWERS) Semester 2 2024. For assistance whats-app us on 0.6.8..8.1.2..0.9.3.4... The provisions of the Act which deal with the deductibility or non-deductibility of amounts can be divided into the following three categories: • the general deduction formula (s 11(a) and s 23(f) and (g)) • deductions which are specifically prohibited (s 23) • deductions which are specifically allowed (s 11(...

INMT 341 Exam 2 - Procure to Pay Questions and Answers

Procure to Pay Business Process Includes the business events associated with buying, maintaining, and paying for goods and services needed by the organization -Goods and services include: inventory (raw materials and finished goods), services (utilities, insurance, repairs, maintenance, research, development, professional/legal services), supplies, human resources, financial instruments, PP&E, or fixed assets -Referred to as Order to Pay, Purchase to Pay, and/or Expenditure process Primary Ob...

INMT 341 Exam 1 Questions and Answers Procure to Pay Business Process - Answer-Includes the activities involved in acquiring, paying for, and maintaining the goods and services needed by an organization Buy "things" (Procure to Pay) -Acquire needed resources for the organization's order to cash and conversion processes at an optimal price, and at the time when and location where the resources are needed. Procure to Pay Business Process Events - Answer-•Identify need and possibly int...

BUAD 342 Questions and Answers Already Passed In the Procure to Pay business process, the company is playing the role of the ________________? A) Vendor B) Supplier C) Customer D) Manufacturer E) Both A and B C) Customer Which of these is not an information processing step as learned in this class? A) Record Data B) Report Information C) Maintain Data D) Analyze Data E) None of these are information processing steps. D) Analyze Data Which of the following source document d...

What is the underwriter's goal? - Answer- To write a book of business in which the actual losses approximate the expected losses. Gertrude is going to become an insurance agent. She would like to work in an agency that represents many different insurance companies. Gertrude will go to work for a(n) - Answer- Independent agency When a client suffers a loss, MegaInsurers is expected to respond promptly to settle the resulting claim. Depending on the line of insurance, claim costs generally ...

BUAD 342 Exam 1 with Complete Solutions selling "things" event Order to cash process Order to cash process 1. market (market goods or services) 2. negotiate (negotiate terms of a sales order) 3. select and inspect 4. prepare (prepare goods/services for delivery) 5. deliver (deliver goods/services to customer) 6. receive payment 7. negotiate (negotiate terms/accept return) Buying "things" event procure to pay process Procure to Pay process 1. identify (identify a need) 2...

BUAD 342 Test 1 Questions and Answers Already Passed Which of the following is not a typical event in the Procure to Pay business Process? Deliver goods/services to customer In regard to Big Data, differences in the types/sources of data (structured, unstructured or semi- structured) are referred to as: Variety ______ combine both data and methods (i.e. instructions for processing the data) into a single processing element Objects Which of the following scenarios would most likel...

BUAD 342 | UTK | Exam #1 Questions with Complete Solutions For Profit - Correct Answers Organizations that strive to generate a profit (revenue in excess of expenses) Not for Profit - Correct Answers Strive to provide particular services to constituents (e.g., governments, educational, or charitable organizations) Business Process - Correct Answers A collection of related activities that combine different resources and inputs to create an output that is of value to the organization, it's...

BUAD 342 Exam 1 Questions and Answers 100% Pass Which of the following is not a typical event in the Procure to Pay business process? A) Deliver Goods/Services to Customer B) Store and Maintain Goods C) All of these are typical events in the Procure to Pay process. D) Identify a need E) Receive and Inspect Goods/Services from a Vendor A) Deliver Goods/Services to Customer In regard to Big Data, differences in the types/sources of data (structured, unstructured or semi- structured...