Which of the Following Results in an Encumbrance

question 1

Multiple Choice

Which of the following results in an encumbrance?

• A) Place a purchase order.
• B) Receive goods previously ordered.
• C) Receive an invoice on goods previously received.
• D) Payment of an invoice previously received.

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Definitions:

Post-it Flag Highlighter

A stationery tool that combines the features of a highlighter and removable page markers for annotating and marking important information in documents.

Product Line

A group of related products marketed by the same company that function in a similar manner, are sold to the same customer groups, and marketed through the same types of outlets.

Marketing Concept

A business philosophy suggesting that to achieve organizational goals, a company must anticipate and satisfy customers' needs and wants better than its competitors.

Creating

The act or process of bringing something into existence or giving rise to something original.