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The flowchart below is the accounts payable/cash disbursements process, but with certain items omitted. In the flowchart, each omission is indicated by a capital letter
The flowchart below is the accounts payable/cash disbursements process, but with certain items omitted. In the flowchart, each omission is indicated by a capital letter (A through I). Complete the flowchart by choosing the correct description for each letter. COMPUTER D VAN A AP clerk would handle any exceptions M-3 M-4 M-1 P.1 B Display proposed payments P-2 22 M-2 F P-6 Translate payment order and RA to ED format CASH DISBURSEMENTS Each day BT E Enter payment data G H P-5 order and RA to ED format H [Choose] VAN Prepare payment order and RA, update AP and GL data for payment, display payment totals Compare incoming invoices to PO and receiving report data and record AP and GL data Display of proposed payments Select payments, calculate batch totalls Translate from EDI and record incoming invoices Payment totals Exception routine not shown Enterprise database (Choose] [Choose] [Choose] Choose] [Choose]
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