Which of the following activities would not occur when an inventory manager decides to return merchandise to a vendor?
A) the accounts payable department is notified
B) a credit memorandum is issued to the vendor
C) the warehouse is instructed to release the merchandise to the shipping department
D) a debit memorandum is prepared

Question

Quizplus · Accepted Answer

When an inventory manager decides to return merchandise to a vendor, a credit memorandum is typically issued by the vendor to the company returning the goods, not the other way around. This document acknowledges the return and indicates the amount credited to the buyer's account. The other options (A, C, D) are actions that would occur as part of the return process from the perspective of the company returning the goods.

Which of the Following Activities Would Not Occur When an Inventory