Notice: Payments for answers will end 4/10/2017. Click for more info.
You have new items in your feed. Click to view.
Question and answer
Q: What types of source documents might be collected by Megagrocer to be processed by its accounting information systems? Why are those documents important?
A: source documents (and importance) - purchase orders from Megagrocer to its 6 vendors (to prove what it ordered), delivery docket from its vendor with its receiving supervisor's acknowledgement (to prove what was received), [ subsequent invoice from the vendors (to bill for what was delivered), payment vouchers approved at the right level (to pay vendors' invoices and to ensure proper approval),
purchase orders or order forms from customers (to prove what the customer ordered), delivery dockets from each of the 5 outlets accompanying goods delivered containing customer's acknowledging signature (to prove he did receive the goods), the cashier's till roll from the cash register (to record each day's takings from each of the 5 outlets), etc The e-commerce would not generate any source documents unless you print out the orders. Overall, the a/cg information system used by Megagrocer should be able to capture all the purchasing and sales transactions (providing enough details of vendors and outlets), and all the receipts and payments transactions, whether over the cashier's check-out station or thru e-commerce. Preferably it should be sophisticated enough to generate sales, COGS, and gross profit of each outlet. This would allow comparison by management of the outlets' gross profit margin. If there's any drastic difference reported by any outlet, it should be investigated for theft, whether by shoplifters or staff. ]
rhey22787|Points 1467|
Question
Asked 11/20/2012 7:09:22 PM
0 Answers/Comments
Get an answer
New answers
Rating

There are no new answers.

Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
26,522,252 questions answered
Popular Conversations
Which of these is an example of a plateau period
Weegy: Can you share the options please?
12/1/2017 12:57:36 AM| 4 Answers
This year, after a lengthy, noisy debate, they decided to take ...
Weegy: This year, after a lengthy, noisy debate, they decided to take separate vacations. This is a Simple Sentence. ...
12/10/2017 4:51:34 AM| 4 Answers
HIV
Weegy: HIV stands for Human Immunodeficiency Virus.
12/1/2017 7:06:06 AM| 3 Answers
Which one of the following types of sentences gives a command or ...
Weegy: Do your work! The sentence above is an example of an IMPERATIVE sentence. User: Which one of the following ...
12/8/2017 6:12:32 AM| 3 Answers
How is the infinitive phrase used in the sentence? To write a novel ...
Weegy: I hope to convince them of my idea. The infinitive phrase "to convince them of my idea" is used as a NOUN. ...
12/2/2017 11:35:31 AM| 2 Answers
Earthquakes are easily predicted, especially with foreshocks. A. ...
Weegy: Earthquakes are easily predicted, especially with foreshocks. FALSE.
12/11/2017 7:01:41 AM| 2 Answers
In order to maintain good hygiene it is best to reserve your bed for ...
Weegy: In order to maintain good "sleep hygiene" it is best to reserve your bed for sleeping and to engage in all other ...
12/3/2017 9:06:09 AM| 2 Answers
Which article of the Constitution grants powers to the legislative ...
Weegy: Article Three of the United States Constitution establishes the judicial branch of the federal government. ...
12/3/2017 8:21:45 PM| 2 Answers
Weegy Stuff
S
Points 82 [Total 98] Ratings 4 Comments 42 Invitations 0 Offline
S
Points 11 [Total 11] Ratings 0 Comments 1 Invitations 1 Offline
S
Points 10 [Total 10] Ratings 1 Comments 0 Invitations 0 Offline
S
Points 5 [Total 5] Ratings 0 Comments 5 Invitations 0 Offline
S
P
L
P
Points 1 [Total 166] Ratings 0 Comments 1 Invitations 0 Offline
* Excludes moderators and previous
winners (Include)
Home | Contact | Blog | About | Terms | Privacy | © Purple Inc.