When do disbursement activities begin?
A) Upon receipt of goods
B) After validation of receipt of goods
C) Upon approval of the invoice
D) After data has been keyed into the open invoice file

Question

Quizplus · Accepted Answer

Disbursement activities typically begin after the invoice has been approved, as this signals that the vendor is entitled to payment. Receipt of goods and validation of receipt are important steps for ensuring the accuracy of the invoice and the goods received, but do not necessarily trigger disbursement activities. Data entry is also important for processing payments, but does not initiate disbursement activities on its own.

When Do Disbursement Activities Begin