Multiple Choice
The policies and procedures that employees follow when completing the purchase of goods or materials, capturing vendor data and purchase quantities, and routing the resulting purchasing documents to the proper departments within the company are called:
A) Systems
B) Processes
C) Activities
D) Requisitions
Correct Answer:
Verified
Correct Answer:
Verified
Q12: This type of system matching takes place
Q13: In a system of proper internal controls,
Q14: This type of software alerts the organization
Q15: The document that identifies the items being
Q16: Internal control activities within the purchasing process,
Q18: A computer software technique in which the
Q19: Which department maintains copies of purchase orders
Q20: Common expenditure processes would include all of
Q21: The main reason that receiving clerks are
Q22: The document prepared when purchased items are