In a Good Internal Control System,which of the Following Sets

question 82

Multiple Choice

In a good internal control system,which of the following sets of documents is required for proper approval of a payment to a supplier?

• A) a journal entry, a supplier invoice, and a description of the goods being purchased
• B) a receiving report, an invoice, and a purchase order
• C) a purchase order, a journal entry, and a price catalog
• D) a supplier invoice, a bill of lading, and the supplier's financial statements

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Definitions:

Hydroelectric Power

The generation of electricity using flowing water to drive a turbine generator.

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A political alliance in the United States, formed during the 1930s under President Franklin D. Roosevelt, bringing together diverse groups to support the New Deal and Democratic Party.

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The segment of the population that lives in cities and performs manual labor or factory work for wages.

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Individuals with significant financial assets and influence, often playing a key role in economic and political spheres.