The document that the purchasing department prepares and sends to the vendor to place an order is called the:

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


Answer: A

Business

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Fill in the blank(s) with the appropriate word(s).

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Which of the following observations is true?

a. The effectiveness of an ideal control system should be independent of the people enforcing it. b. No internal control structure can ever be completely effective, regardless of the care followed in its design and implementation. c. A control system by itself can provide assurance that fraud will be prevented. d. The type of control activities include reactive controls and proactive controls.

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Infographics are composites of all of the following EXCEPT

a. information. b. illustration. c. arguments. d. design.

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Around ________, the Greeks recognized management as a separate art and advocated a scientific approach to work.

A. 2000 BC B. 1100 BC C. 4000 BC D. 500 BC E. 400-350 BC

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