Which of the Following Is a Vital Indicator When Deciding

question 3

Multiple Choice

Which of the following is a vital indicator when deciding whether a payment should be made to a supplier?

• A)The manager's authorisation and agreement.
• B)The receipt of a receiving report from the warehouse department.
• C)Goods are received in sufficient quantity and good quality.
• D)The supplier has provided the company with an invoice.

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Definitions:

Extend

To prolong the duration of something or to reach out in space or time.

Course of Dealing

A pattern of actions between parties that establishes a common basis for understanding in future transactions.

Usage of Trade

Established customs and practices in a particular industry that are considered binding or enforceable in business transactions.

Express Terms

Specific provisions or conditions explicitly stated in a contractual agreement.