As soon as an invoice is received from a customer, it needs to be checked for mismatches of items. The check may result in either of these three options: - i) there are no mismatches, in which case the invoice is posted; - ii) there are mismatches, but these can be corrected, in which case the invoice is re-sent to the customer; and - iii) there are mismatches, but these cannot be corrected, in which case the invoice is blocked. Once one of these three activities is performed the invoice is parkedand the processcompletes. Finally, give name to this process.
As soon as an invoice is received from a customer, it needs to be checked for mismatches of items. The check may result in either of these three options: - i) there are no mismatches, in which case the invoice is posted; - ii) there are mismatches, but these can be corrected, in which case the invoice is re-sent to the customer; and - iii) there are mismatches, but these cannot be corrected, in which case the invoice is blocked. Once one of these three activities is performed the invoice is parkedand the processcompletes. Finally, give name to this process.
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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As soon as an invoice is received from a customer, it needs to be checked for mismatches of items. The check may result in either of these three options: - i) there are no mismatches, in which case the invoice is posted; - ii) there are mismatches, but these can be corrected, in which case the invoice is re-sent to the customer; and - iii) there are mismatches, but these cannot be corrected, in which case the invoice is blocked. Once one of these three activities is performed the invoice is parkedand the processcompletes.
Finally, give name to this process.
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