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Written by:
Timothy G
Date added:
February 23, 2017
Level:
University
Grade:
A
No of pages / words:
2 / 326
Was viewed:
3953 times
Rating of current essay:
Essay content:
Each transaction generates its own paper trail, and the same process has to be followed whether the item being purchased is small or big.
? 2. The co. buys the goods that has the lowest price. It does not regularly consider the additional factors like payment terms, carrying costs, and storage requirements as the process was not defined...
displayed 300 characters
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The co. buys the goods that has the lowest price. It does not regularly consider the additional factors like payment terms, carrying costs, and storage requirements as the process was not defined.
? The co. has no system which provides automatic document imaging capabilities. During payment process in case of payment to the supplier of goods, Accounts Officer himself scans an invoice, matches it to the purchase order for pre approval and record the transaction in accounts payable...
displayed 300 characters
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