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Which of the following is NOT a concern of the expenditure cycle? Question 2 Answer a . Favourable settlement terms are negotiated with the supplier.
Which of the following is NOT a concern of the expenditure cycle?
Question Answer
a
Favourable settlement terms are negotiated with the supplier.
b
Payments match supplier invoice, purchase order and delivery docket.
c
Payments are made by authorised employees
d
There are sufficient goods in the finished goods inventory to fulfil the customers order.
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