What are the two major data entry processes?
A) Creation and issuance of purchase orders; recording of cash disbursements
B) Creation and issuance of purchase orders; recording of merchandise received and services rendered
C) Recording of merchandise received and services rendered; recording of cash disbursements
D) Creation and issuance of purchase orders; recording of accounts payable

Question

Quizplus · Accepted Answer

The two major data entry processes in inventory and accounting systems are the creation and issuance of purchase orders, which initiates the procurement process, and the recording of merchandise received and services rendered, which acknowledges the receipt of goods or completion of services.

What Are the Two Major Data Entry Processes