Which Source Document Is Used to Request Goods

question 6

Multiple Choice

Which source document is used to request goods?

• A)Shipping notice
• B)Purchase requisition
• C)Sales order

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Definitions:

Capital Expenditures

Funds used by a company to acquire, upgrade, and maintain physical assets such as property, buildings, or equipment.

Investing Activities

Transactions involving the purchase and sale of long-term assets and investments, reflected in a company's cash flow statement.

Cash Flows

Cash flows refer to the inflows and outflows of cash and cash equivalents in a business. Understanding cash flows is crucial for assessing a company's liquidity, flexibility, and overall financial performance.

Investing Activities

Transactions involving the purchase and sale of long-term assets and investments, as reported in a company's cash flow statement.