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Match Seven of the Terms for Documents and Records (A-M)used

Question 124

Question 124

Matching

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):

Premises:

Responses:

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

voucher

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

vendor's statement

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

acquisitions journal

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

purchase order

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

debit memo

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

vendor's invoice

the listing or report that includes all cash payments for a given period

accounts payable trial balance

check

purchase requisition

receiving report

cash disbursements journal

accounts payable master file

summary acquisitions report

Premises:

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

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

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

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

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

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

the listing or report that includes all cash payments for a given period

Responses:

voucher

vendor's statement

acquisitions journal

purchase order

debit memo

vendor's invoice

accounts payable trial balance

check

purchase requisition

receiving report

cash disbursements journal

accounts payable master file

summary acquisitions report

Correct Answer:

Premises:

Responses:

voucher

vendor's statement

acquisitions journal

purchase order

debit memo

vendor's invoice

accounts payable trial balance

check

purchase requisition

receiving report

cash disbursements journal

accounts payable master file

summary acquisitions report

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