Which of the following is least likely to be a function of the processing of purchase transactions?
A) storing goods received for inventory
B) checking and approving the supplier's invoice
C) return to customers
D) receiving the goods

Question

Quizplus · Accepted Answer

The processing of purchase transactions typically involves activities such as receiving goods, checking and approving supplier invoices, and storing goods received for inventory. Returns to customers, however, usually fall under the processing of sales transactions rather than purchase transactions, making it the least likely function.

Which of the Following Is Least Likely to Be a Function