Which of the following statements about the acquisition / payment process is least true? The same...

Which of the following statements about the acquisition / payment process is least true?

	The same document is an output of the first step and an input to the second step.
	The document commonly used in the second step is both an output and an input.
	The document commonly used in the second step is never used in other steps of the acquisition / payment process.
	Many documents from the first step can be combined into a single document in the second step.

Solutions

Expert Solution

The document commonly used in the second step is never used in other steps of the acquisition / payment process is least true about the acquisition / payment process.

Correct answer is option 3.

ekkarill92 answered 2 years ago

Next > < Previous

Related Solutions

Which of the following statements about metabolism are true? 1) Catabolism is the process in which...

Which of the following statements about metabolism are true? 1) Catabolism is the process in which complex substances are broken down, yielding a net output of energy. 2) Metabolism is an integrated system in which many of the same reactions participate in degradative (catabolic) and biosynthetic (anabolic) pathways. 3) Anabolism involves the synthesis of polymeric biomolecules and complex lipids from monomers such as fatty acids and nucleotides. 4) All organisms require an external source of energy, such as glucose or...

Which of the following statements about process analysis is TRUE?A. Process analysis only matters to those...

Which of the following statements about process analysis is TRUE?A. Process analysis only matters to those who are in accounting.B. Process analysis is all about creating demand.C. Process analysis helps one analyze all the activities involved in providing one unit of supply.D. Process analysis is all about keeping track of revenue and costs.

Which of the following statements is true? a. An experiment is the process by which an...

Which of the following statements is true? a. An experiment is the process by which an observation or measurement is obtained. b. An event that cannot be decomposed is called a simple event. c. An event is the collection of one or more simple events. d. All of the above statements are true. e. None of the above statements are true.

Which of these statements about the skull is true? A. The mastoid process is a prominent...

Which of these statements about the skull is true? A. The mastoid process is a prominent lump just anterior to the ear. B. The zygomatic arch consists of joined processes between the frontal and zygomatic bones. C. All of these statements are true. D. The nasal conchae are bones that from the nasal septum. E. The external acoustic meatus is a canal in the temporal bone

Which of the following statements about correlation are true?

4. Correlation basics Which of the following statements about correlation are true? Check all that apply Correlation is a numerical value between 1.1 and 2. The sign of the correlation indicates the strength or consistency of the linear relationship between two variables. A negative correlation means that two variables tend to change in opposite directions The correlation indicates the strength and the direction of the linear relationship between two variables If the correlation between two variables is 0, there is no clear linear relationship between the...

Which of the following statements about genetics is TRUE?

Which of the following statements about genetics is TRUE? a. A mutation is any change in DNA that is harmful to an organism. b. Genetic disorders are always caused by the inheritance of recessive alleles. c. The red queen hypothesis proposes that asexual reproduction evolved in organisms to increase genetic variation, and therefore, improve resilience in ever-changing environments. d. Natural selection acts directly on the phenotype and indirectly on the genotype.

Which of the following statements about the Work in Process account is true? Both job-order cost...

Which of the following statements about the Work in Process account is true? Both job-order cost and process cost systems use only one Work in Process account. Both job-order cost and process cost systems use several Work in Process accounts. Job-order cost systems use several Work in Process accounts, but process cost systems use only one. Job-order cost systems use only one Work in Process account, but process cost systems use several.

Which of the following statements about reducing sugars are true?

Which of the following statements about reducing sugars are true?The oxidation of a reducing sugar forms a carboxylic acid sugar.A reducing sugar will not react with the Cu^2+ in Benedict's reagent. D-Mannose (an aldose) is a reducing sugar.Reducing sugars contain ketone groups instead of aldehyde groups.A disaccharide with its anomeric carbons joined by the glycosidic linkage cannot be a reducing sugar.

Which of the following statements about financial planning is not true?

Which of the following statements about financial planning is not true? Financial planning process is a series of decisions on how much money you will need at some future time to meet your goals and how you will obtain the money To meet your goals, you must balance the equation: Financial goal = present savings (FVIF n, k) + annual savings (FVIFA n, k) Once you have a financial plan in place, you need to review it only every few...

Which of the following statements is NOT true about the opinion of the auditor on the...

Which of the following statements is NOT true about the opinion of the auditor on the financial statements? Select one: a. The auditor is responsible for the detection and prevention of frauds and errors in financial statements. b. The auditor should examine whether recognized accounting principles have been consistently applied in preparation of the financial statements. c. The auditor should express an opinion on the financial statements. d. The opinion is not guarantee of the future economic viability of the...

Subjects