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hey im having some issues solving these questions 1-which is not one of the basic activites in the expenditure cycle a) requested needed goods b)ordering

hey im having some issues solving these questions

1-which is not one of the basic activites in the expenditure cycle

a) requested needed goods

b)ordering goods from vendors

c)checking the credit of vendors

d)approving vendor invoices for payment

e) none of the above

2) which of the following activites belongs the sales/collection business process

a) purchase of inventory for resale to customer

b)transformation of raw materials into finished goods inventory

c)0 payment of vendor invoice

d)deleivry of merchandise to a customer

e) a and d

4) which of the following is a typical operating event in the expenditure cycle, regardless of the type of good or service being acquired

a) recieve a customer order for goods or services

b) pay a supplier for goods or servies

c) accept customer return of goods

d) distrbute goods or services to customers

e)recieve customer payment for goods or services

5) which of the following event is not a part of the expenditure cycle

a) casher process a customers payments for merchandise inventory

b) purchase department orders merchandise inventory from a vendor

c) manufacture department requestions merchandise inventory from purchase department

d) warehouse rexicves merchandise inventory from a vendor

e) shipping department return unwatned merchandise to a vendor

6) a document used to ask the purchasing department to buy a needed item is called a "

a) purchase order

b) purchase requistion

c) bill of lading

d) reciving report

e) none of the above

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