Purchasing Systems Quiz

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Questions and Answers

What is the main purpose of the Accounts Payable and Disbursement System?

  • To process vendor invoices and payments (correct)
  • To process customer invoices
  • To monitor employee payroll
  • To maintain inventory records

What is the function of the Delivery Receipt Generator in the Delivery System?

  • To generate purchase orders
  • To generate delivery receipts (correct)
  • To issue checks for payments
  • To keep track of inventory movements

What is the purpose of the General Journal System?

  • To monitor billing and collections per customer
  • To generate delivery receipts
  • To keep track of inventory movements
  • To record transactions involving notes receivable and notes payable (correct)

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