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All of the Following Statements Regarding a Sales Invoice Are

Question 62

Multiple Choice

All of the following statements regarding a sales invoice are true except:


A) A sales invoice is a type of source document.
B) A sales invoice is used by sellers to record the sale and for control.
C) A sales invoice is used by buyers to record purchases and monitor purchasing activity.
D) A sales invoice gives rise to an entry in the accounting process.
E) A sales invoice does not provide objective evidence about a transaction.

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