The Accounts Payable Department Usually Has Responsibility for Verifying the Propriety

question 67

Multiple Choice

The accounts payable department usually has responsibility for verifying the propriety of acquisitions by comparing the details on the:

• A) vendor's invoice and the purchase requisition.
• B) purchase requisition, purchase order, and receiving report.
• C) vendor's invoice and the receiving report.
• D) purchase order, receiving report, and vendor's invoice.

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Definitions:

Revenues

The total amount of income generated by the sale of goods or services related to a company's primary operations.