How a year to date purchases field in the vendor report

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Reference no: EM131356432

1. Discuss how a "year-to-date purchases" field in the vendor record might be of use in selecting a vendor.

2. Without redrawing the figures, discuss how Figures 1 and 2 through 5 would change as a result of the following independent situations (be specific in describing the changes):

a. Purchasing a technical product that could not be inspected in the receiving department but had to undergo quality control testing before being accepted.

b. Purchasing goods through an online auction site, so that the price changes each time a purchase is made.

c. Making payments twice per month, on the fifth and twenty-fifth of the month, and taking advantage of all cash discounts offered.

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Reference no: EM131356432

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