After an Organization Compares the Vendor Invoice with the Purchase

question 18

Multiple Choice

After an organization compares the vendor invoice with the purchase order data and the receiving data, the invoice data are then keyed into which file?

• A) Open purchase order file.
• B) Open vendor invoice file.
• C) Open accounts transaction file.
• D) Open customer invoice file.

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Definitions:

Random Stocking

Used in warehousing to locate stock wherever there is an open location.

Inventory Records

Documentation that keeps track of the quantity, location, and status of items in inventory, crucial for managing supply chains and ensuring efficient operations.

Cross-docking

A logistics procedure where products received at a warehouse or distribution center are directly transferred from incoming to outgoing shipping with minimal or no storage time.