Group functions return a group of results per row processed
a. True
b. False
Indicate whether the statement is true or false
False
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______________________________ means that before a receipt can be accepted and recorded, the receipt data should be compared with the PO master data to determine that an approved PO, prepared by someone other than receiving personnel, is on file
Fill in the blank(s) with correct word
The voucher system of control:
A. Is a set of procedures and approvals designed to control cash receipts and the acceptance of liabilities. B. Establishes procedures for verifying, approving, and recording liabilities for eventual cash payment. C. Applies only when multiple purchases are made from the same supplier. D. Establishes procedures for receiving checks for the sale of verified, approved, and recorded activities. E. Is required in large companies but not beneficial for small to mid-sized companies.
Most companies are typically organized by departments or functional areas. Which of the following is not a common department found in a company?
A. Human resources B. Marketing C. Payroll D. Accounting
Adrian sent an offer to Sehar by mail to sell him a used computer monitor for $125 . An appropriate response accepting this offer is first effective to form a contract when
a. Sehar's acceptance arrives at the Adrian's. b. Sehar decides to accept. c. Sehar's acceptance is put in an envelope to mail. d. Sehar mails his letter of acceptance.