Selecting vendors from the expense test, complete the following steps: • Agree stated payment terms and vendor information to vendor master. • Verify that written reconciliations to statements were performed. b. Tender Process • Review and document the tender process. • Determine whether the provisions of the tender are considered, such as, freight terms, discounts, and service.
• Specialty manufacturers in the international market are succeeding – domestic manufacturers not innovating • Manufacturing system is run primarily on estimates and requires constant change – possible use for a JIT inventory system? • Salespeople paid by salary only – no initiative to have results • Mark (finance VP), is completely focused on integration of computer system and has put everything else on hold Market Performance • Consumer purchases based on dealer
Cell phones that have limited coverage areas aren't dependable. As long as your using your phone in a large city that has plenty of cell phone towers it should work correctly. However, this isn't always the case, there are plenty of ways the radio signals can be disturbed or blocked, especially if you are too far away from a tower. So, one of the cons of using a cell phone instead of a landline is, they are less dependable. A huge perk of having a landline phones is that it works everywhere, but cell phones don’t always work whether it be because of coverage issues or other problems.
Ad hoc is an established standard when a group of interested people or organizations agrees on a certain specification, without any formal adoption process. De- facto is when a vendor’s product becomes the normal standard. Government mandate Are standards that are mandated by the government. Consensus are standards are when representatives from various interested groups come together to reach a formal agreement. (Wagner, Lee, & Glaser, n.d., Chapter 9 & 10) There are too many IT systems available to even attempt to compile them all I will discuss a few as to compare one against another.
These other objects, in turn, was put into motion by still another object preceding it, and so forth. This series cannot go on backward to infinity, though, since there would otherwise be no first mover and thus no subsequent movement. Therefore, we must conclude that there is a first unmoved mover, which we understand to be God. Second, we observe that everything has an efficient cause and that nothing is or can be the cause of itself. It is impossible, though, that the series of causes should extend back to infinity because every cause is dependent on a prior cause and the ultimate cause is thus dependent on a previous cause.
The parol evidence rule does not apply here because the existence of the entire written contract is subject to an orally agreed-on condition. Proof of the condition does not alter or modify the written terms but affects the enforceability of the written
In addition it is considered a non-cash expense since the actual payment could have occurred many years before the expense is calculated. C – Explain the provision for bad debts entry The provision for bad debt takes into account only what is expected to be collected and is not collected and does not include contractual allowance or charity care. Bad debt would include what is expected to be collected (not total charges) less any amount the organization allocates as monies that will never be received even though the payers or patients are contracted or deemed able to pay. The monies organizations allocate that will never be collected is normally generated through a formula based on trended data.
P4 – The Meaning of Terms in a Standard Form Contract I am going to talk about the types of terms in a standard form contract Terms are the parts of a contract that are agreed to by parties, for example, “9.4 Replacements will be sent out when the original item is returned.” Express Terms - The terms of a contract of employment are made up from a number of different sources. The most obvious will be the express terms which have been agreed between the parties. Express terms may have been agreed either orally or in writing. It is also possible for certain terms contained in a collective agreement to be incorporated into an employment contract. Conditional Term: Conditions are terms that go to the very root of a contract.
Week 2 Critical Thinking: Honesty in Negotiation Introduction For mankind, honesty exists in degrees only and is not a perfected and absolute value delivered by anyone all day, everyday; that is my opinion. I read the article entitled “Honesty in Negotiation” by Chris Provis, the crux of which addresses the concept of deception in negotiation and what a person’s obligation is to the truth during the process. In my mind there is not just one road to travel here since we are dealing with other people, and if you do not know them well enough to trust them unequivocally, then you must take into account that they are probably employing deception on some level to gain an advantage; even if it is limited to withholding information, concealment, or exerting influence in an attempt to manipulate a negotiators perceptions towards circumstances that do not exist. Lies Almost everyone lies. According to some researchers the average individual tells about 200 lies per day; face to face, spouse to spouse, parent to child, and in every other combination of human interaction possible (Meyers, 2011).
(McElroy, 2010) The corporations have as much freedom of speech as an individual making signs and putting them up around town. Just because they are not a person don’t mean they can lose certain rights that are in the First Amendment. So I agree how the case ended up because corporations have a freedom of speech. They figured that they can’t stop corporations