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Organize the Accounts Payable System in the Correct Order (Sequence)

Question 8

Matching

Organize the accounts payable system in the correct order (sequence).

Premises:

Responses:

Categorize the expenditures for use in accounting reports.

Step Two

Categorize unpaid bills by the date each check will be written.

Step One

Prepare the checks

Step Three

Stamp the date paid on the statement,and include the check number.

Step Five

Establish set dates,each month,when checks will be generated.

Step Six

Verify charges by comparing invoices with the statement.

Step Four

Premises:

Categorize the expenditures for use in accounting reports.

Categorize unpaid bills by the date each check will be written.

Prepare the checks

Stamp the date paid on the statement,and include the check number.

Establish set dates,each month,when checks will be generated.

Verify charges by comparing invoices with the statement.

Responses:

Step Two

Step One

Step Three

Step Five

Step Six

Step Four

Correct Answer:

Premises:

Responses:

Categorize the expenditures for use in accounting reports.

Categorize unpaid bills by the date each check will be written.

Prepare the checks

Stamp the date paid on the statement,and include the check number.

Establish set dates,each month,when checks will be generated.

Verify charges by comparing invoices with the statement.