Which of the following actions result from the disbursement of cash for payment in the purchasing process?
A) Creation of the vendor invoice file.
B) Creation of a new record in the cash disbursement file.
C) Closing of the open sales order file record.
D) Closing of the receiving transaction file record.

Question

Quizplus · Accepted Answer

When cash is disbursed for payment in the purchasing process, a new record is created in the cash disbursement file to reflect the transaction. The creation of a vendor invoice file is more likely to happen before cash disbursement, as the invoice needs to be approved for payment. Closing of the open sales order file record and the receiving transaction file record are unrelated to cash disbursement in the purchasing process.

Which of the Following Actions Result from the Disbursement of Cash