In Regards to the Accounts Payable Department,which Statement Is Not

question 84

Multiple Choice

In regards to the accounts payable department,which statement is not true?

• A)The purchase requisition shows that the transaction was authorized.
• B)The purchase order proves that the purchase was required.
• C)The receiving report provides evidence of the physical receipt of the goods.
• D)The supplier's invoice indicates the financial value of the transaction.

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Definitions:

Resource Extraction

The process of retrieving raw materials from the natural environment for human use.

Stream of Profits

A continuous flow of earnings generated by a business or investment over a period of time.

Mining

The extraction of valuable minerals or other geological materials from the Earth.