Which of the Following Activities Would Not Occur When an Inventory

question 34

Multiple Choice

Which of the following activities would not occur when an inventory manager decides to return merchandise to a vendor?

• A) the accounts payable department is notified
• B) a credit memorandum is issued to the vendor
• C) the warehouse is instructed to release the merchandise to the shipping department
• D) a debit memorandum is prepared

---

Definitions:

Production Schedule

A timeline that outlines the specific tasks, operations, and timelines for producing goods within a manufacturing process.

Budgeted Selling Price

An estimated amount for which a product is expected to be sold, determined during the budgeting process.

Budgeted Unit Sales

The number of units a company anticipates selling in a future period as outlined in its budget.

Cash Collections

The process of receiving and managing the cash a company receives from its customers, sales, or other sources.