As an organization's purchasing systems generate purchase orders and the items ordered are received, information is sent to the _____ system to manage the amounts owed by the organization.
A) accounts receivable
B) accounts payable
C) invoicing
D) inventory control

Question

Quizplus · Accepted Answer

The amounts owed by the organization for the items received are managed by the accounts payable system. Accounts receivable system deals with the amounts owed to the organization by its customers. Invoicing system generates invoices for goods or services sold to customers. Inventory control system manages the inventory levels and stock of goods.

As an Organization's Purchasing Systems Generate Purchase Orders and the Items