All of the Following Steps Should Be Performed by the Accounting

question 47

Multiple Choice

All of the following steps should be performed by the accounting department prior to the approval of a disbursement except:

• A) the invoice should be compared with a copy of the purchase order and purchase request
• B) the mathematical accuracy of the invoice should be proved
• C) the invoice should be compared with the receiving report
• D) the cheque should be processed and signed with an authorized signature

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Definitions:

Complainers

Individuals who express dissatisfaction or grievances frequently.

Arbitrary Approach

A method or decision-making process based on individual discretion or judgment rather than fixed standards or rules.

Democratic Vote

A voting method in which individuals express their choice or preference in a matter through a vote, often characterized by equality and fairness.

Political System

The structured set of practices and institutions through which a society organizes and governs itself.