In regards to the accounts payable department,which statement is not true?
A)The purchase requisition shows that the transaction was authorized.
B)The purchase order proves that the purchase was required.
C)The receiving report provides evidence of the physical receipt of the goods.
D)The supplier's invoice indicates the financial value of the transaction.

Question

Quizplus · Accepted Answer

The purchase order does not prove that the purchase was required. It only shows that the purchase was requested by someone within the organization. The purchase requisition is the document that indicates the purchase was required, as it shows that the transaction was authorized by someone with the authority to do so.

In Regards to the Accounts Payable Department,which Statement Is Not