When a sales transaction has been authorized, by the signature of the designated employee, it means that the designated employee has done all of the following, except:
A)Verified the sale is to an accepted customer
B)The vendor's credit has been approved
C)The price is correct
D)Approval documented by a signature or initials of the designated employee

Question

Quizplus · Accepted Answer

The designated employee is responsible for verifying that the sale is to an accepted customer, ensuring that the price is correct, and documenting approval with a signature or initials. However, the vendor's credit approval is typically handled by a separate department or individual within the organization.

When a Sales Transaction Has Been Authorized, by the Signature