Vouchers Should Be Stamped PAID to

question 44

Multiple Choice

Vouchers should be stamped PAID to

• A)Prevent duplicate payment.
• B)Generate a new purchase order.
• C)Indicate posting in the voucher register.
• D)Facilitate preparation of the bank reconciliation.

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Definitions:

Invoice

A document issued by a seller to a buyer that lists the products or services provided and the amount due for payment.

Netiquette

The set of rules and conventions governing respectful and polite behavior in online communication.

Flaming

The equivalent of a verbal lashing on the Internet.

FOB Shipping Point

A shipping term indicating that the buyer assumes responsibility for the goods and their transportation costs from the seller's location.