-REAL Model Analysis

question 7

Essay

-REAL model analysis.
Indicate whether each of the following statements is true or false based on the REAL model above. Do not make any changes to the REAL model. $\begin{array}{|c|c|l|}\hline \text { True } & \text { False } & \\\hline & & \text { a. A single check can pay for multiple invoices. } \\\hline &&\text { b. Anvone in the companv can write a check to a vendor. }\\\hline&& \text {c. Every employee in the company is authorized to prepare purchase }\\&&\text {orders.}\\\hline &&\text {d. Many requisitions can be consolidated in a single purchase order.}\\ \hline&& \text { e. Multiple invoices can be paid with a single check. } \\\hline&& \text { f. One purchase order can generate more than one receiving report. } \\\hline&& \text { g. Purchasing department emplovees are assigned specific vendors. } \\\hline&& \text { h. Several purchase orders can come from the same requisition. } \\\hline &&\text { i. The company accepts partial shipments. } \\\hline&& \text { j. The company has only one employee. }\\\hline \end{array}$

---

Definitions:

Keep Up With Inflation

The process of adjusting spending, saving, or investment strategies to maintain purchasing power as the general price level increases over time.

CPI Increased

An indication that the Consumer Price Index has risen, signifying a period of inflation where consumer goods and services prices have gone up.

Base Year

A specific year chosen as a reference point for financial or economic data analysis.

Purchasing Power

The amount of goods or services that can be bought with one unit of a currency, showcasing its value.