You are responsible for the proper accounting for the supply chain costs in a hospital. During a thunderstorm, the hospital experienced a power surge, which destroyed some pieces of equipment that were erroneously not protected from such events:

A requisition has been placed by the operating room to replace 3 failed Medtronic monitors. This requisition results in a(n)__________________ accounting transaction..

Purchasing has contacted several vendors, and after intense negotiation, has created a purchase order with Stryker for 2 new monitors for a total purchase price of $7,500. Purchasing has requested that the vendor expedite the orders, since patient care is being affected. The issuance of the purchase order results in a(n) ____________ accounting transaction.

One of the Stryker monitors arrives at your facility, and the receiving staff notes the receipt in the ERP system. No invoices have yet been received from the vendor. The receipt of this item results in a(n) _________________ accounting transaction.

The following day, the Stryker invoice for 1 monitor arrives in the accounts payable office. The total amount of the invoice is for $2,500, plus $750 shipping and handling fees. Note that the 2 remaining ordered monitors have not arrived. The accounts payable office performs a ___________ and determines it is ok to pay the invoice. The payment for this item results in a(n) _______________ accounting transaction.

Another invoice from Stryker has arrived in the accounts payable office for 2 monitors. The total amount of the invoice is for $5,000, plus $1000 shipping and handling fees. Note that the 2 remaining ordered monitors have not arrived. The accounts payable office performs a _____________ and determines it is not ok to pay the invoice. The payment for this item results in a(n) _____________ accounting transaction.

2 Stryker monitors arrive at your facility, and the receiving staff notes the receipt in the ERP system. The receipt of this item and subsequent ______________ results in a(n) _______ accounting transaction.

OPTIONS:1. no action 2. re budgeting 3. RNI accrual

4. 3 way match

5. 2 way match

6. withdrawal

7. INR accrual

8.encumberance

9. expense

10.PO accrual