Before signing a check,the controller or the treasurer should examine the purchase order,the invoice,and the receiving report to determine that the company received the goods and that the company is paying only for the goods received.
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Q95: For good internal control over cash payments,the
Q96: For good controls over cash payments,the person
Q97: When a lock-box system is used,customers send
Q98: Which of the following is the first
Q99: For good internal control,the purchasing agent should
Q101: Match each term to its definition.
-Receiving Report
A)Sent
Q102: Which of the following items must be
Q103: List the four steps,the proper order,of the
Q104: In a good internal control system,which of
Q105: Match each term to its definition.
-Purchase Order
A)Sent
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