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NEW QUESTION: 1
Which two are true about the key accounts in the Procure to Pay process? (Choose two.)
A. The Exchange Rate Gain or Loss account is used to record differences between the exchange rate used for the purchase order and the exchange rate used for the invoice.
B. The Expense AP Accrual account is used to accrue payable liabilities when you receive items you will capitalize as inventory.
C. The Purchase Price Variance account is used to record differences between the purchase order line price and the average cost.
D. The Invoice Price Variance account is used to record differences between the invoice price and the average cost.
E. The Receiving account is used to record the current balance of material in receiving and inspection.
Answer: A,E
NEW QUESTION: 2
The concept which guides the extent to which the supply management professional may want to charge the supplier for delivery problems is called?
A. Probability comparisons to the very short-term benchmark .
B. Responsibility comparisons to the very short-term benchmark.
C. Reverse action comparisons to the very short-term benchmark.
D. Reasonableness comparisons to the very short-term benchmark.
Answer: D
Explanation:
The concept which guides the extent to which the supply management professional may want to charge the supplier for delivery problems is called reasonableness. Probability, Reverse action, and Responsibility are incorrect.
NEW QUESTION: 3
Which two statements describe the role of core technologies with regard to business processes? (choose two)
A. Requirements to core technologies are rather static and are therefore independent of market changes.
B. An end-to-end borderless network architecture builds the foundation for integrating people and tasks in changing market environments
C. In order to react to market changes, operations and processes have to be modified as well. The network infrastructure has to match the change requirements.
D. Operational agility is important for businesses today a constant, stable core allows IT to focus on the rapidly changing applications.
Answer: B,C