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Accounts payable: O may be part of the supply department to ensure on-time payment to suppliers and to reduce transaction costs. should always be separate
Accounts payable: O may be part of the supply department to ensure on-time payment to suppliers and to reduce transaction costs. should always be separate from purchasing as a good business practice. is legally prohibited from reporting to supply by federal regulations. cannot report to supply because of Generally Accepted Accounting Practices (GAAP) Rule #462. may legally report to supply, but it may convey the perception of conflict of interest to suppliers
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