Which of the Following Is Not a Potential Benefit Associated

question 25

Multiple Choice

Which of the following is not a potential benefit associated with procurement cards

• A)A reduced number of invoices
• B)Users can make purchases in a more timely fashion
• C)Suppliers can be paid in a more timely fashion
• D)Ability to use them in non-domestic markets
• E)All of the above are potential benefits

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Definitions:

Inventory Account

An account in the general ledger that tracks the value of a company's products that are intended for sale.

Time Sheet

A document or tool used to track the number of hours worked by an employee during a specific period.

Opening Adjusting Entries

Opening adjusting entries refer to journal entries made at the beginning of an accounting period to adjust account balances from a previous period.

Capital Stock

Represents the equity or ownership sections of a corporation divided into shares.