Which of the following statements about the goods receipt step are NOT true?
A)It results in a decrease in inventory.
B)It can occur during the procurement process.
C)It can result in the creation of material and financial accounting documents.
D)Materials are placed in an appropriate storage location with an appropriate status.
E)It can occur during the production process.

Question

Quizplus · Accepted Answer

Goods receipt typically results in an increase in inventory, not a decrease. This step involves receiving goods from suppliers, which adds to the inventory levels.

Which of the Following Statements About the Goods Receipt Step