The internal document prepared to notify the appropriate persons that goods ordered have been received, describing the quantities and condition of the goods is the:
A) Purchase requisition.
B) Invoice.
C) Purchase order.
D) Invoice approval.
E) Receiving report.

Question

Quizplus · Accepted Answer

The internal document prepared to notify the appropriate persons that goods ordered have been received, describing the quantities and condition of the goods is the Receiving report. The purchase requisition is a document that initiates the purchasing process, the invoice is a document sent by the supplier requesting payment for goods or services provided, the purchase order is a document sent by the buyer to the supplier indicating the goods or services to be purchased and the terms of the sale, and the invoice approval is the process of verifying and authorizing payment for a supplier's invoice.

The Internal Document Prepared to Notify the Appropriate Persons That