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    Accounting Information Systems Study Set 17
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    Exam 5: The Expenditure Cycle Part I: Purchases and Cash Disbursements Procedures
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    When Purchasing Inventory,which Document Usually Triggers the Recording of a Liability
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When Purchasing Inventory,which Document Usually Triggers the Recording of a Liability

Question 78

Question 78

Multiple Choice

When purchasing inventory,which document usually triggers the recording of a liability?


A) purchase requisition
B) purchase order
C) receiving report
D) supplier's invoice

Correct Answer:

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