When fixed assets are received,the receiving clerk sends copies of the receiving report to the inventory control clerk and the AP clerk.

Question

Quizplus · Accepted Answer

Fixed assets are not typically managed by the inventory control clerk as they are long-term assets, not inventory. The receiving report would more likely be sent to the accounts payable clerk and the fixed assets department or person responsible for tracking fixed assets.

When Fixed Assets Are Received,the Receiving Clerk Sends Copies of the Receiving