Question 1

When it is time to make a payment,an approved ______________________________ is sent to the cashier.

Accepted Answer

The answer of When it is time to make a...

Question 2

The ______________________________ data shows,in chronological sequence,the details of each cash payment made.

Accepted Answer

The answer of The ______________________________ data shows,in chronological sequence,the details...

Question 3

In the ER diagram of the AP/CD process,VALID_INVOICES are received from the ______________________________.

Accepted Answer

The answer of In the ER diagram of the AP/CD...

Question 4

The ______________________________ is an interacting structure of people,equipment,activities,and controls that is designed to accomplish the handling of repetitive work routines of the AP department and the cashier,support their decision needs,and assist in the preparation of internal and external reports.

Accepted Answer

The answer of The ______________________________ is an interacting structure of...

Question 5

The ______________________________ triggers the "establish payable" process.

Accepted Answer

The answer of The ______________________________ triggers the "establish payable" process....

Question 6

In the ER diagram for AP/CD process,CASH_DISBURSEMENTS are ______________________________ by EMPLOYEES (Treasury Employees).

Accepted Answer

The answer of In the ER diagram for AP/CD process,CASH_DISBURSEMENTS...

Question 7

The ______________________________ triggers the "make payment" process.

Accepted Answer

The answer of The ______________________________ triggers the "make payment" process....

Question 8

The vendor sends a(n)______________________________ to notify the purchaser of an obligation to pay for goods or services ordered by and shipped to the purchaser.

Accepted Answer

The answer of The vendor sends a(n)______________________________ to notify the...

Question 9

In a relational table for PURCHASE_RECEIPTS,the primary key would be the ______________________________.

Accepted Answer

The answer of In a relational table for PURCHASE_RECEIPTS,the primary...

Question 10

A true ______________________________ system requires that all expenditures be formally approved for payment and be recorded as a payable before they can be paid.

Accepted Answer

The answer of A true ______________________________ system requires that all...

Question 11

Usually the theft of cash entails ________________ or fraudulent _________________________.

Accepted Answer

The answer of Usually the theft of cash entails ________________...

Question 12

The ______________________________ master data store is a repository of all unpaid vendor invoices.

Accepted Answer

The answer of The ______________________________ master data store is a...

Question 13

A(n)______________________________ is designed to reflect formal approval of a payment and to provide such added data as the account distribution and the amounts to be debited.

Accepted Answer

The answer of A(n)______________________________ is designed to reflect formal approval...

Question 14

When processing non-invoiced disbursements,the trigger for either a true voucher process or a non voucher process is a(n)______________________________.

Accepted Answer

The answer of When processing non-invoiced disbursements,the trigger for either...

Question 15

The ______________________________ data is a repository of all unpaid vendor invoices.

Accepted Answer

The answer of The ______________________________ data is a repository of...

Question 16

To initiate an adjustment for returned goods or for a price allowance in the case of otherwise nonconforming goods,someone usually prepares a(n)______________________________ and sends it to the vendor.

Accepted Answer

The answer of To initiate an adjustment for returned goods...

Question 17

The VP of finance usually has the ______________________________ and the ______________________________ directly reporting to him (her).

Accepted Answer

The answer of The VP of finance usually has the...

Question 18

Within the make payment process,the three sub-processes are "Prepare proposed payments","Select and record payments," and ______________________________.

Accepted Answer

The answer of Within the make payment process,the three sub-processes...

Question 19

The cashier usually reports to the ______________________________.

Accepted Answer

The answer of The cashier usually reports to the ______________________________....

Question 20

The Level 0 diagram of the AP/CD Process contains the two process bubbles of ______________________________ and ______________________________.

Accepted Answer

The answer of The Level 0 diagram of the AP/CD...

Quiz 13: The Accounts Payablecash Disbursements Apcdprocess