Criticize the following statement: In our company we get things done by requir ing that a person

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Criticize the following statement: “In our company we get things done by requir¬

ing that a person who initiates a transaction follow it through in all particulars.

For example, an employee who issues a purchase order is held responsible for inspecting the merchandise upon arrival, approving the invoice, and preparing the check in payment of the purchase. If any error is made, we know definitely whom to blame.” LO5

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Accounting The Basis For Business Decisions

ISBN: 9780070415515

5th Edition

Authors: Robert F. Meigs, Walter B Meigs

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