Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jun 05, 2024

identify an organisation of your own choice 1. State its main purchasing risk and state any three objectives they can incorporate as a company in

identify an organisation of your own choice

1. State its main purchasing risk and state any three objectives they can incorporate as a company in order to minimize the purchasing risks

2.State and explain any 5 controls that the company may use to mitigate the risks in purchasing risk

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

International Financial Reporting Standards An Introduction

Authors: Belverd Needles, Marian Powers

2nd edition

053847680X, 978-1111793234, 1111793239, 978-0538476805

More Books

Students also viewed these Finance questions

Question

★★★★★

A random sample of 502 Vail Resorts' guests were asked to rate their satisfaction on various attributes of their visit on a scale of 15 with 1 = very unsatisfied and 5 = very satisfied. The...

Answered: 1 week ago

Question

★★★★★

Define: Sovereignty Confiscation Nationalism Domestication Expropriation Political and Social Activists (PSAs) Non-governmental Organizations (NGOs)

Answered: 1 week ago

Question

★★★★★

=+13. Observatories. The two Gemini observatories (www .gemini.edu) were built and are operated by a partnership of seven countries including the United States, United Kingdom, Canada, Chile,...

Answered: 1 week ago

Question

★★★★★

The Long-Term Debt section of Rodman Companys balance sheet as of December 31, 2010, included 8% bonds payable of $300,000 less unamortized discount of $22,000. Further examination revealed that...

Answered: 1 week ago

Question

★★★★★

show work 20) Bottum Corporation, a manufacturing Corporation, has provided data concerning its operations for May. The beginning balance in the raw materials account was $25,000 and the ending...

Answered: 1 week ago

Question

★★★★★

Explain the concept of Total quality Management. Also explain operation and benefits of TQM.

Answered: 1 week ago

Question

★★★★★

ToFrom Trucking serves two segments of customers. One segment (A) is willing to pay $3.50 per cubic foot but wants to commit to a shipment with only 24 hours' notice. The other segment (B) is willing...

Answered: 1 week ago

Question

★★★★★

(a) Let Z be a standard normal. Find Pr(-1.96 3). (c) Let X be a t-distribution with df=10. Estimate Pr(-2.2 X*)=.05? (e) Let X be a F10,00 distribution. What value X* solves Pr(X>X*)=.05?

Answered: 1 week ago

Question

★★★★★

Time: 75 minutes Problem 1 (2 points) Calculate I = fc(1+ y)dl, where C is the under half of the circle 2+ y = 4.

Answered: 1 week ago

Question

★★★★★

Build a LP model for the following scenario, but don't solve the LP model that you made. A company manufactures two products whose unit profits are $17 and $15, respectively. The company has budgeted...

Answered: 1 week ago

Question

★★★★★

What is the intercept for the regression equation to forecast demand, in the worksheet: Food Truck Demand?

Answered: 1 week ago

Question

★★★★★

What are the two broad categories of supervised learning?

Answered: 1 week ago

Question

★★★★★

A Calculate the materials variances from the following data: (i) Material T: Standard price per metre 11 Standard usage per unit 176 metres Actual price per metre 11 Actual usage per unit 171 metres...

Answered: 1 week ago

Question

★★★★★

Rimham plc prepares its budgets annually and as the accountant you are responsible for this task. The following standard data is available: Material content Product X Product Y Product Z kg kg kg...

Answered: 1 week ago

Question

★★★★★

identify the causes of labour, material, overhead and sales margin variances; LO1

Answered: 1 week ago

Previous Question Next Question