When the Materials and Supplies Are Received and the Invoice

question 6

Multiple Choice

When the materials and supplies are received and the invoice is more than the related purchase order, this entry should be made:

• A) Debit Expenditures Control for the amount of the invoice.
• B) Debit Expenditures Control for the amount of the purchase order.
• C) Credit Accounts Payable for the amount of the purchase order.
• D) Credit Encumbrances Control for the amount of the invoice.

---

Definitions:

Publicity

The practice of gaining public visibility or awareness for a product, service, or brand, typically through media coverage.

Follow-Up

The action of maintaining contact with someone or continuing an activity to ensure completion or further progress.

Not-for-Profit Organizations

Organizations that operate for purposes other than making a profit, often focused on social, educational, or charitable activities.

General Corporations

A legal entity created by individuals, stockholders, or shareholders, with the purpose of operating for profit. Corporations have legal rights, liabilities, and can enter contracts.