This Type of System Matching Takes Place Without Invoices

question 12

Multiple Choice

This type of system matching takes place without invoices.The receipt of goods is carefully evaluated and, if it matches the purchase order, settlement of the obligation occurs through the system.

• A)Business Process Engineering
• B)Controlled Access Invoicing
• C)Evaluated Receipt Settlement
• D)Double Matching System

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Definitions:

Assets

Resources owned by a company from which future economic benefits are expected.

Earnings Per Share

A company's profit divided by its number of outstanding shares, indicating the profitability of the company on a per-share basis.

Net Income

The profit a company reports after all operational expenses and tax obligations are subtracted from its revenue.