Which of the following statements is false?
A) Payment for goods and services typically makes the largest demand on an organization's cash.
B) Most commonly, after a purchase order has been approved, a manager will then deal with vendors directly.
C) The order for goods and services has traditionally been in the form of a paper purchase order that is mailed to a vendor.
D) Purchasing personnel are responsible for periodically reviewing the file records and following up on unfilled orders.
Correct Answer:
Verified
Q13: Which of the following is not correct
Q14: Which is an example of an acquired
Q15: Which of the following initiates a bidding
Q16: What are the two major data entry
Q17: What should disbursement records include?
A) Date, name
Q19: Which of the following statements is true?
A)
Q20: Why is the automatic distribution entry useful
Q21: What documents the receipt of goods?
A) Receipt
Q22: Which of the following is effected through
Q23: Which of the following describes the best
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents