Good Reasons for Allowing Other Departments to View Purchase Orders

question 69

Multiple Choice

Good reasons for allowing other departments to view purchase orders and incoming receipts does not include which of the following?

• A)The accounting department gains visibility to future accounts payable obligations.
• B)The requestor can refer to the purchase order number when inquiring into the status of an order.
• C)Receiving has a record of the order to match against the receipt of the material.
• D)Traffic becomes aware of inbound delivery requirements and can make arrangements with carriers or use the company's own vehicles to schedule material delivery.
• E)There is never a good reason for purchasing to allow other departments access to purchase orders and incoming receipts due to the confidential nature of the price and delivery terms.

---

Definitions:

Annual Coupon Bond

A bond that pays interest to the holder on an annual basis, typically as a fixed percentage of its face value.

Face Value

The original cost of a financial instrument as stated on the certificate or document, not influenced by the market price.

Maturity

The date on which a financial instrument, such as a bond or loan, reaches its due date and the principal amount must be repaid.

Zero-Coupon Bonds

Debt securities that don't pay periodic interest but are issued at a significant discount to par value, providing profit at maturity when they reach their face value.