Authorization for a cash disbursement occurs in the cash disbursement department upon receipt of the supplier's invoice.

Question

Quizplus · Accepted Answer

Authorization for a cash disbursement typically occurs in the accounts payable department or a similar financial oversight department, not the cash disbursement department. The cash disbursement department is responsible for processing the payment after it has been authorized.

Authorization for a Cash Disbursement Occurs in the Cash Disbursement