Which of the Following Statements Regarding Evaluated Receipt Settlement (ERS)

question 48

Multiple Choice

Which of the following statements regarding evaluated receipt settlement (ERS) is false?

• A)ERS is a system by which an organization pays for a purchase on the basis of the goods goods receipt.
• B)ERS can reduce the costs associated with entering invoices, matching the invoice with the PO and receiving report, and resolving discrepancies between the invoice and the PO and goods receipt.
• C)ERS arrangements are only made with vendors who have proven e-payment records.
• D)Upon receipt of the goods, the AP/CD system compares the received quantity to the open purchase quantity and, if appropriate, makes a payment based on the price and terms on the PO.

Recognize diseases, conditions, and deformities associated with the skeletal system.

Comprehend the medical terminology used to describe the functions and disorders of the skeletal system.

Distinguish between different types of skeletal system movements.

Identify the bones and joints along with their characteristics and functions.

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Definitions:

Dividend

A portion of a company's earnings distributed to shareholders, usually in the form of cash or additional shares.

Directors

Individuals elected by shareholders to manage a corporation's affairs and make key strategic decisions on their behalf.

Stock Dividends

These are dividends paid by a company to its shareholders in the form of additional shares of stock, rather than in cash.

Contributed Capital

Funds raised by a company through the issuance of shares to investors, representing the stockholders' equity apart from retained earnings.