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Slim CoIs Ordering a New Computer for Its Corporate Office

Question 31

Multiple Choice

Slim Co.is ordering a new computer for its corporate office.Which of the following events would trigger the recognition of the computer and related liability on Slim's books?


A) The company generates a purchase order.
B) The purchasing department sends a purchase order to the supplier.
C) The company receives the computer.
D) The company receives the bill from the supplier.

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