Who usually authorizes a purchase requisition? a. The supervisor of the requisitioning department b. The purchasing manager c. A purchasing agent d. A customer

Sales people should not be allowed to do all of the following except a. Maintain the customer master file b. Change prices c. Get customer orders from customers d. Assign customer credit limits

Which of the following normally would trigger a billing/accounts receivable/cash receipts systems process of recording a customer payment? a. Invoice b. Remittance advice c. Deposit slip d. A notification to the general ledger system to record a cash receipts update

The principle master file that you would expect to see in a billing/accounts receivable/cash receipts system is the a. Sales order master file b. Shipping notification master file c. Sales journal d.Accounts receivable master file

In the cash receipts subsystem, the control of immediately endorsing incoming checks is designed to ensure the goal of a. Assuring the timely deposit of cash receipts b. Ensuring security of the cash asset c. Ensuring cash receipts input accuracy d. Ensuring cash receipts input completeness

The purchasing/accounts payable/cash disbursements system ends with a. Check being sent to a vendor b. Check being received from a customer c. Remittance advice being received from a customer d. Bill of lading being completed by the shipper

Occasionally, you would expect a purchasing accounts payable/cash disbursements systems to include all of the following except a. Bill customers b. Receive goods c. Order goods d. Receive requisitions

Which of the following most likely would be blinded on a copy of the purchase order sent to the receiving department? a. Inventory descriptions b. Vendor identification c.Quantities d.Freight terms

An internal request to acquire goods and services is called a a. Purchase order b. Purchase requisition c. Inventory order d. Inventory notification

Purchase orders are sent to a. Customers b. Vendors c. Carriers d.Managers