Examlex
Presented below is a list of terms relating to accounting information systems,followed by definitions of those terms.
Required: Match the letter next to each definition with the appropriate term.Each answer will be used only once.
________ 1.Purchase requisition
________ 2.Procurement
________ 3.Approved vendor list
________ 4.Blind count
________ 5.Purchase order
________ 6.Attribute rating
________ 7.Request for quotation
________ 8.Receiving report
________ 9.Invoice verification
________ 10.Voucher package
A.Counters in receiving do not have access to quantities shown on purchase orders.
B.Document used to request a purchase
C.A summary of vendors approved for use by the purchasing function
D.A collection of documents that are reviewed and approved to authorize a transaction
E.An approach to vendor selection which identifies,lists,and evaluates several different aspects concerning a vendor
F.Prepared to document the receipt of deliveries from vendors
G.The document issued to a vendor to initiate a purchase
H.The business process of selecting a source,ordering,and acquiring goods or services
I.The review of purchasing documentation prior to authorizing payment to vendors
J.Documents used to request competitive bids from vendors
Capabilities
The qualities, abilities, or features that enable an individual or organization to perform effectively.
Group Dynamics
The study of the behaviors and psychological processes that occur within a social group.
Interactions
Exchanges or communications between two or more entities, often referring to people, systems, or organizations.
Processes
A sequence of activities or measures implemented to reach a specific goal.
Q10: The source for the item and quantity
Q12: Approval of a purchase requisition usually means
Q18: Total fraud cost is defined as the
Q18: Which of the following is not a
Q82: In a general ledger file update,all entries
Q97: In a real-time sales system,_ can be
Q98: Bar coding is a manual identification technique
Q104: The type of backup which avoids the
Q121: Data is required from which of the
Q133: System faults represent component equipment failures such