Which of the Following Would Not Be a Prime Document

question 24

Multiple Choice

Which of the following would not be a prime document for the cash receipts journal?

• A)Invoices
• B)Receipts
• C)Bank statements
• D)Credit card receipt summaries

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Definitions:

Service Firms

Companies that provide intangible products or services to customers.

Vertical Integration

A strategy where a company expands its operations by moving into a different level of the supply chain, usually by acquiring or establishing its own suppliers or distributors.

Specialized

Referring to a focus on a particular area or sector, often implying a high level of expertise or proficiency in that specific field.

Supply Chain

The network of organizations, people, activities, information, and resources involved in moving a product or service from supplier to customer.