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  3. Study Set
    Financial Accounting Information for Decisions Study Set 2
  4. Exam
    Exam 6: Reporting and Analyzing Cash and Internal Controls
  5. Question
    Assigning the Responsibilities of Purchasing, Receiving, and Paying for Merchandise
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Assigning the Responsibilities of Purchasing, Receiving, and Paying for Merchandise

Question 173

Question 173

True/False

Assigning the responsibilities of purchasing, receiving, and paying for merchandise to one department or individual is a way to streamline a voucher system.

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