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

question 44

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 13.7) and the narrative description above, explode bubble 2.0 into a lower-level diagram showing the details of that process by identifying the words that belong in items 1.to 9.(TB Figure 13.8).

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Definitions:

Host-country Complaints

Grievances or objections raised in the country where a foreign business operates, often related to the business's practices.

Multinational Corporations

Large companies that operate and provide goods or services in multiple countries beyond their home country's borders.

Global Corporations

Large business entities operating in multiple countries around the world, often having a significant impact on global trade, economics, and cultural exchanges.

Cultural Intelligence

The ability to adapt, adjust, and work well across cultures.