Multiple Choice
Before a new vendor is added into the vendor master file (or the purchasing master file) ,the company should
A) conduct a credit check on the new vendor.
B) have the vendor detail matched against the invoice detail.
C) ask the purchasing manager to verify the authenticity of the vendor.
D) have the accounting department enter the necessary detail about the vendor.
Correct Answer:
Verified
Correct Answer:
Verified
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