The internal document prepared to notify the appropriate persons that goods ordered have been received,describing the quantities and condition of the goods is the:

A) Purchase requisition.
B) Purchase order.
C) Invoice.
D) Receiving report.
E) Invoice approval.

Question

DANIELLE RUGEMER · Accepted Answer

Final Answer : D, Explanation :  A receiving report is used to document the receipt of goods ordered and provides a detailed description of the quantities and condition of the goods. This document is then used to update inventory records, reconcile invoices, and authorize payment to suppliers. The purchase requisition is used to request approval for the purchase of goods or services, the purchase order is used to formally authorize the purchase of goods or services, the invoice is the document sent by the supplier requesting payment, and the invoice approval is the process of reviewing and approving invoices for payment.

The internal document prepared to notify the appropriate persons that goods ordered have been received,describing the quantities and condition of the goods is the:

A) Purchase requisition.
B) Purchase order.
C) Invoice.
D) Receiving report.
E) Invoice approval.

Definitions

Learning Objectives

Learning Objectives

Related questions

The internal document prepared to notify the appropriate persons that goods ordered have been received,describing the quantities and condition of the goods is the:A) Purchase requisition.B) Purchase order.C) Invoice.D) Receiving report.E) Invoice approval.

Definitions

Learning Objectives

Learning Objectives

Related questions

The internal document prepared to notify the appropriate persons that goods ordered have been received,describing the quantities and condition of the goods is the:

A) Purchase requisition.
B) Purchase order.
C) Invoice.
D) Receiving report.
E) Invoice approval.