A "Blind" Copy of the Purchase Order Should Be Sent

question 22

Multiple Choice

A "blind" copy of the purchase order should be sent to receiving so that:

• A) receiving can anticipate the receipt of the goods from the vendor
• B) receiving clerks will know the value of what is on order
• C) partial shipments can be monitored
• D) receiving clerks will be forced to actually count the goods that are received

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Definitions:

Inventory

The raw materials, work-in-progress products, and finished goods that are considered to be the portion of a business's assets that are ready or will be ready for sale.

Gross Domestic Product (GDP)

A measure of the total economic production of a country, representing the total value of all goods and services produced over a specific time period.

Investment

The process of distributing funds with the aim of earning revenue or gains.

Imports

Goods or services brought into a country from abroad for sale, typically requiring payment to the origin country or entity.