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.

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Definitions:

Positive Emotional Reaction

A favorable affective response to a stimulus, characterized by feelings such as happiness, joy, or excitement.

Situation Modification

Strategies or actions taken to change an environment or context in order to improve outcomes or resolve issues.

Emotional Impact

The affective influence that various factors, such as work environment or interpersonal relations, have on an individual's emotional state.

Appropriate Emotional Expression

The ability to express one's emotions in a manner that is considered socially acceptable and appropriate to the context.