1.All of the following are functions within Accounting and Finance, except:

a. Recording raw data about sales transactions.

b. Arranging in-house financing for customers.

c. Planning and budgeting

d. Recording payroll transactions.

e. Setting compensation for employees.

2.Which of the following statements is false?

a. In many organizations, professional buyers do the actual buying.

b. Reduced customer orders is not a potential benefit of supply chain management.

c. CRM applications are considered to be buy-side systems.

d. EOQ is a technique of analyzing all incremental costs associated with acquiring and carrying particular items of inventory.

e. One of the primary functions of the Order Entry/Sales process is to create information flows which support the repetitive work routines of the sales order department, credit department, and shipping department.