Below Is a Narrative for the "Make Payment" Portion (Bubble

question 81

Essay

Below is a narrative for the "Make payment" portion (bubble 2.0) of the accounts payable/cash disbursements process described in Chapter 13.Narrative Description
The payment process begins with the preparation of a list of payments that might be made at this time (bubble 2.1).The selection of items for this list is based on payment due dates and terms that may indicate a discount can be taken for a payment at this time.The proposed list is reviewed and amended (bubble 2.2) to add additional invoices that are not due for payment yet but that can be consolidated with other payments being made to a vendor.Proposed payments may be removed from the list if there are insufficient funds or if payments to a vendor are on hold.Bubble 2.3 depicts the process of preparing the disbursement, which is equal to the amount of the invoice less any discount taken.The payment is recorded by:
-Marking the invoice as paid on the accounts payable master data.-Making an entry in the cash disbursements event data store.-Sending payment data to the general ledger where an entry is made to reflect the payment..Required:
From the DFD (TB Figure 13.5) and the narrative description above, explode bubble 2.0 into a lower-level diagram showing the details of that process.

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Definitions:

Interference Theory

A theory that explains forgetting in the human memory as a result of conflicting information interfering with the retrieval of stored memories.

Forgetting

The loss or decline in the ability to recall or recognize something that was previously learned or experienced.

Prospective Memory

Recalling a previously planned intention or executing a predetermined action at a future date.

Declarative Memory

A type of long-term memory that involves the conscious recall of facts and events.