Multiple Choice
After approving an invoice for payment:
A) the receiving department should examine the payment packet to make sure all the documents agree.
B) after payment,the payment packet should be stamped "paid" by the person in the treasurer's department who has authorized the disbursement.
C) checks should be returned to the department who prepared them for mailing.
D) the person who ordered the goods should examine the payment package to make sure all the documents agree.
Correct Answer:

Verified
Correct Answer:
Verified
Q17: A payment packet of documents:<br>A)reports the arrival
Q25: The components of internal control do NOT
Q37: A receiving report informs a vendor of
Q42: The following are examples of items that
Q56: Jerry's Company is looking at various financing
Q64: For each of the following situations,indicate which
Q80: Three key duties must always be separated
Q82: When preparing a bank reconciliation:<br>A)deposits in transit
Q84: In a bank reconciliation,an EFT cash payment
Q90: Use the information below to prepare a