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