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Match Seven of the Terms for Documents and Records (A-M)used

Question 116

Matching

Match seven of the terms for documents and records (a-m)used in the acquisitions and cash disbursement cycle with the descriptions provided below (1-7):

Premises:
A document that specifies the details of an acquisition transaction and amount of money owed to the vendor for an acquisition.
A document prepared by the purchasing department indicating the description quantity and related information for goods and services that the company intends to purchase.
A document indicating a reduction in the amount owed to a vendor because of returned goods or an allowance granted.
A document used to establish a formal means of recording and controlling acquisitions; it includes a cover sheet and a package of relevant documents.
A listing of the amount owed to each vendor at a point in time.
A document used to request goods and services by an authorized employee.
The listing or report that includes all cash payments for a given period.
Responses:
Check
Accounts payable trial balance
Voucher
Receiving report
Acquisitions journal
Cash disbursements journal
Accounts payable master file
Debit memo
Vendor's statement
Purchase requisition
Vendor's invoice
Purchase order
Summary acquisitions report

Correct Answer:

Check
Accounts payable trial balance
Voucher
Receiving report
Acquisitions journal
Cash disbursements journal
Accounts payable master file
Debit memo
Vendor's statement
Purchase requisition
Vendor's invoice
Purchase order
Summary acquisitions report
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