1. Which of the following describes the e-mail or databased workflow system element of an e-procurement system?
Has a function where re-ordering is automated when the number in stock falls below reorder thresholds
Integrates the entry of the order by the originator, approval by manager and placement by buyer
Possible to integrate all e-procurement functionality and may also include integration with suppliers' systems
Staff in the buying department to enter an order which can then be used by accounting staff to make payment when the invoice arrives
2. A stock split:
A. increases the total value of the common stock account.
B. increases the value of the capital in excess of par account.
C. does not affect the total value of any of the equity accounts.
D. decreases the total owner's equity on the balance sheet.
E. decreases the value of the retained earnings account.