Approval Process Workflow Quiz
18 Questions
0 Views

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

After final approval of the President, the Executive Assistant shall make the Summary of Approved Request and shall forward it to AP Clerk for checking and to _______ Head for verification.

Accounting

After confirming the payment, the A/P Clerk shall forward the Summary of Approved Requests and its attachments to the _______ Section.

Finance

As to filing, the Finance Section shall return the paid Check Voucher and other related documents within 48 hours from the date of releasing to suppliers with transmittal to the A/P Clerk for _______ purposes.

filing

The A/P Clerk shall prepare the Check Payment Request Form after the _______ Process.

<p>disbursing</p> Signup and view all the answers

After the disbursing process, the Finance Section shall return the paid Check Voucher and other related documents within 48 hours from the date of releasing to suppliers with transmittal to the A/P Clerk for _______ purposes.

<p>filing</p> Signup and view all the answers

The A/P Specialist shall receive the Approved Purchase Order from the Purchasing Section for _______

<p>disbursement</p> Signup and view all the answers

After preparation of payment request form, the A/P Clerk shall forward the request form to the __________ for the verification of the request.

<p>Accounting Head</p> Signup and view all the answers

After final approval of the President, the Executive Assistant shall make the Summary of Approved Request and forward it to AP Clerk for checking and to __________ for verification.

<p>Accounting Head</p> Signup and view all the answers

Preparation of Check Voucher (system generated) After Accounting Head verification of Summary of Approved Request. In the system, the A/P Clerk shall make a draft of the Check Voucher. He/she shall select the Vendor and the Accounts Payable Voucher for payment. After drafting, A/P Clerk shall forward the Summary of the Approved Requests to the __________ as basis for first approval in the system.

<p>Accounting Head</p> Signup and view all the answers

After first approval in the system, the A/P Clerk shall forward the Summary of Approved Requests together with the requests to the __________.

<p>Finance Section</p> Signup and view all the answers

As to Filing After the disbursing, the Finance Section shall return the paid Check Voucher and other related documents within 48 hours from the date of release to the A/P Clerk for __________ purposes.

<p>liquidation</p> Signup and view all the answers

Processing lead-time of request shall be at least two (2) days after receiving the request. Urgent requests shall be processed __________.

<p>immediately</p> Signup and view all the answers

After drafting, A/P Clerk shall forward the Summary of the Approved Requests to the Accounting Head as basis for first approval in the system. After first approval in the system, the A/P Clerk shall forward the Summary of Approved Requests together with the requests to the ________ Section.

<p>Finance</p> Signup and view all the answers

As to filing, After the disbursing process, the Finance Section shall return the paid Check Voucher and other related documents within 48 hours from the date of release with transmittal to the A/P Clerk for ________ purpose.

<p>filing</p> Signup and view all the answers

For Petty Cash Replenishment Request, Receiving of Petty Cash Voucher Summary, The A/P Clerk shall receive the Petty Cash Voucher Summary together with the related attachments as basis for the request from Petty Cash _________.

<p>Custodian</p> Signup and view all the answers

Preparation of Petty Cash Request Form, After receiving, the A/P Clerk shall prepare Petty Cash Request Form and together with the attachments shall forward to the A/P Specialist for checking and ensuring the validity of the transaction. A/P Specialist shall forward the request to the Accounting Head for verification of the ________.

<p>request</p> Signup and view all the answers

Final Approval of Request, After verification, the A/P Clerk shall forward the requests to the Executive Assistant for approval of the ________.

<p>President</p> Signup and view all the answers

After final approval of the President, the Executive Assistant shall make the Summary of Approved Request and shall forward it to AP Clerk for checking and to Accounting Head for ________.

<p>verification</p> Signup and view all the answers

More Like This

Purchase Requisition Process Quiz
16 questions

Purchase Requisition Process Quiz

RevolutionarySmokyQuartz avatar
RevolutionarySmokyQuartz
FTD (FulFulFul) Approval Process
4 questions
Use Quizgecko on...
Browser
Browser