Accounting Information Systems Have Five Generic Elements

question 21

Essay

Accounting information systems have five generic elements. Which one applies to each item listed below within the context of the acquisition / payment process?
A. Adequate documentation of the process
b. Check, from the viewpoint of the buyer
c. Inventory status report
d. Purchase order, from the viewpoint of the purchasing department
e. Purchase requisition, from the viewpoint of the purchasing department
f. Purchases / inventory junction file
g. Recording journal entries to purchase inventory
h. Separation of duties
i. Steps in the acquisition / payment process
j. Vendor master file

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Definitions:

Intramuscularly

A method of administering medication directly into the muscles, allowing for quicker absorption into the bloodstream.

Injected

The act of forcing a liquid, especially a drug, into a body part by using a syringe and needle.

Muscle

Tissue composed of fibers that contract to produce movement or maintain the position of parts of the body.

Syringes

Medical tools used to inject fluids into, or withdraw fluids from, the body.