Disbursement Checks Generally Include a Stub, Similar to a Payroll

question 65

True/False

Disbursement checks generally include a stub, similar to a payroll check stub, which identifies the vendor invoice number and the invoice(s) being paid.

---

Definitions:

Selling

The process of promoting and exchanging goods or services for value.

Administrative

Pertaining to the activities involved in the management, governance, or organization of a business, typically those responsible for enforcing policies and making decisions.

Operating Expenses

Costs associated with running a business's core operations on a day-to-day basis, excluding the cost of goods sold.

Product Costs

Costs that are directly associated with the production of goods, including materials, labor, and manufacturing overhead.