This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Match seven of the terms for documents and records (a-m) used in the acquisitions and cash ... (Read 25 times)

Katmoss16

  • Full Member
  • ***
  • Posts: 156
on: Aug 21, 2022

Question 1

List the four business functions in the acquisition and payment cycle.

Question 2

Match seven of the terms for documents and records (a-m) used in the acquisitions and cash disbursement cycle with the descriptions provided below (1-7).

a.purchase requisition
b.purchase order
c.receiving report
d.acquisitions journal
e.summary acquisitions report
f.vendor's invoice
g.debit memo
h.voucher
i.accounts payable master file
j.accounts payable trial balance
k.vendor's statement
l.check
m.cash disbursements journal

________ 1. a document indicating a reduction in the amount owed to a vendor because of returned goods or an allowance granted

________ 2. a document received from the vendor which shows the amount owed for an acquisition

________ 3. a document prepared by the purchasing department indicating the description, quantity, and related information for goods and services that the company intends to purchase

________ 4. a listing of the amount owed to each vendor at a point in time

________ 5. a document used to establish a formal means of recording and controlling acquisitions; it includes a cover sheet and a package of relevant documents

________ 6. a document used to request goods and services by an authorized employee

________ 7. the listing or report that includes all cash payments for a given period
Auditing and Assurance Services ¦ Arens, Elder, Beasley, Hogan ¦ 17th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by Katmoss16 on Aug 21, 2022

Afvelasquez

  • Full Member
  • ***
  • Posts: 193
Reply #1 on: Aug 21, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 64% of students answer this correctly


Katmoss16

  • Member
  • Posts: 156
Reply 2 on: Aug 21, 2022
Great answer, keep it coming :)

xiazhe

  • Member
  • Posts: 331
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

About one in five American adults and teenagers have had a genital herpes infection—and most of them don't know it. People with genital herpes have at least twice the risk of becoming infected with HIV if exposed to it than those people who do not have genital herpes.

Did you know?

The Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

Did you know?

The newest statin drug, rosuvastatin, has been called a superstatin because it appears to reduce LDL cholesterol to a greater degree than the other approved statin drugs.

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

Establishing a caring and trusting relationship helps the client come to terms with a terminal illne Establishing a caring and trusting relationship helps the client come to terms with a terminal illne
Land Plant Reproductive Terms Land Plant Reproductive Terms
Sibling relationships can be intense, in terms of both having fun together and engaging in conflict. Sibling relationships can be intense, in terms of both having fun together and engaging in conflict.
Inflated Phrases Compared with Concise Terms Cont Inflated Phrases Compared with Concise Terms Cont
Comparison of Paper Medical Records and Electronic Health Records Comparison of Paper Medical Records and Electronic Health Records
Create a map that integrates the following terms: alternative splicing, constitu Create a map that integrates the following terms: alternative splicing, constitu
Video: Structure of a Ribosome

For a complete list of videos, visit our video library