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Develop a document flowchart of Fred's Train Shop expenditure cycle activities related to the acquisition of office equipment and other fixed assets. Fredsometimesordersmultiplepiecesofequipment.Vendorsusuallyshiptheentireorderbutsometimesare outofstockofsomeitems.Insuchcases,theyimmediatelyshiptoFredwhattheyhave instockandthensendasecondshipmentwhentheyobtaintheotheritems.Conversely,

Develop a document flowchart of Fred's Train Shop expenditure cycle activities related to the acquisition of office equipment and other fixed assets. Fredsometimesordersmultiplepiecesofequipment.Vendorsusuallyshiptheentireorderbutsometimesare

outofstockofsomeitems.Insuchcases,theyimmediatelyshiptoFredwhattheyhave

instockandthensendasecondshipmentwhentheyobtaintheotheritems.Conversely,

severalordersplacedwithinashorttimeperiodwiththesamevendormightbefilled

withonedelivery.AssumethatFredmakesinstallmentpaymentsformostfixed-asset

acquisitionsbutoccasionallypaysforsomeequipmentinfullatthetimeofpurchase

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