Multiple Choice
What is NOT true regarding the meaning of a 3-way match?
A) It compares the inventory's physical count with accounting records and the value of the inventory.
B) It is a principle of internal control.
C) It cross checks amounts across three documents.
D) It compares what was ordered,received and billed.
Correct Answer:
Verified
Correct Answer:
Verified
Q2: How is a Purchase Order different from
Q3: What are the four types of products
Q4: If Undeposited Funds was selected during Receive
Q5: What are the Vendor transactions related to
Q6: What best describes internal controls?<br>A)A set of
Q7: What is the process in QBO used
Q8: A customer may pay using the following
Q9: Inventory is:<br>A)Items used to make a product
Q10: In QBO,what List is NOT used for
Q11: What is not TRUE regarding the QBO