A payment packet of documents:
A)reports the arrival of items purchased.
B)is sent by the purchasing department to the vendor selling the item.
C)identifies the need for merchandise and begins the purchasing process.
D)includes the invoice,receiving report and purchase order.

Question

Quizplus · Accepted Answer

A payment packet of documents typically includes the invoice, receiving report and purchase order. These documents confirm the purchase, the receipt of the merchandise and the agreed upon prices and terms of the sale. The packet is typically sent by the Accounts Payable department to the vendor as confirmation of payment for the items purchased.

A Payment Packet of Documents