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Author Question: Which of the following business functions isnotconsidered to be part of the acquisitions class of ... (Read 97 times)

Aimless0988

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Question 1

What typically initiates the acquisitions and payment cycle?
◦ issuance of a purchase requisition or request for purchase of goods or services
◦ issuance of payment to vendor
◦ approval of a new vendor
◦ purchase requisition

Question 2

Which of the following business functions is not considered to be part of the acquisitions class of transactions?
◦ processing purchase orders
◦ recognizing liabilities
◦ receiving goods and services
◦ processing cash disbursements


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Marked as best answer by Aimless0988 on Aug 21, 2022

nora9826

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Aimless0988

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Reply 2 on: Aug 21, 2022
Excellent


Bigfoot1984

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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