Which of the Following Is NOT Involved in the Replenishment

question 151

Multiple Choice

Which of the following is NOT involved in the replenishment of the petty cash fund?

• A)Transactions related to vouchers will be recorded.
• B)Management will verify that the total of all vouchers equals the amount of cash missing from the petty cash fund.
• C)Weekly payroll checks will be recorded.
• D)Management will withdraw cash from the bank and place it in the petty cash fund.

Recognize the importance of aligning organizational and supply objectives.

Grasp the fundamental questions and decisions in supply management, including global vs. domestic buying considerations.

Identify the six major supply strategy areas and their significance.

Learn the processes involved in developing supply strategies, including the make or buy decision.

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Definitions:

Morality

A system of beliefs, values, and principles that guides and determines acceptable behavior in society.

Cultural Relativism

People look to societal norms for what is morally right and wrong.

Moral Theory

A systematic framework for understanding, analyzing, and distinguishing right from wrong behavior.

Moral Dilemma

A situation in which there is a conflict between moral values.