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Cost Flow Process: The Basic Operations in Buying, Paying and Storing Goods and Services, Assignments of Auditing

Ho Chi Minh City University of Economics (HMCUE)Auditing

The cost flow process refers to a set of business and information handling activities related to purchasing, receiving, approving invoices, and settling payments for goods and services. The primary objective of this process is to minimize total purchasing costs and manage inventory storage. The four fundamental operations of the cost flow process are ordering, receiving, invoice approval, and payment settlement.

Typology: Assignments

2020/2021

Uploaded on 02/22/2022

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Download Cost Flow Process: The Basic Operations in Buying, Paying and Storing Goods and Services and more Assignments Auditing in PDF only on Docsity! Chu trình chi phí là tập hợp các hoạt động kinh doanh và xử lý thông tin liên quan tới việc mua và thanh toán tiền cho các hàng hóa, dịch vụ. Mục tiêu chính của chu trình chi phí là giảm thiểu tổng chi phí mua và bảo quản hàng tồn kho. Bốn hoạt động cơ bản của chu trình chi phí: đặt hàng, nhận hàng, chấp thuận hóa đơn nhà cung cấp và giải ngân bằng tiền mặt.

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