A typical invoice audit procedure involves a simultaneous review of the purchase order, receiving report and invoice then there is proper counter checking of purchase order against receiving report to ensure that the materials ordered were actually received and also ensure that the supplies bills is correctly priced it covers properly the quantity of the materials received.
kevinnyabute answered the question on February 26, 2018 at 07:58
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Describe the process of receipt and inspection as used in the purchase process
(Solved)
Describe the process of receipt and inspection as used in the purchase process.
Date posted:
February 26, 2018
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Answers (1)
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Describe transmission of need as used in purchasing and supplies management
(Solved)
Describe transmission of need as used in purchasing and supplies management.
Date posted:
February 26, 2018
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Answers (1)
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Explain five benefits that would accrue to a businessman who uses a Liner rather than Tramps Steamers
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Explain five benefits that would accrue to a businessman who uses a Liner rather than Tramps Steamers
Date posted:
February 24, 2018
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What is the initial process in the purchasing procedure?
(Solved)
What is the initial process in the purchasing procedure?
Date posted:
February 23, 2018
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State three requirements of a specification as used in purchasing and supplies management
(Solved)
State three requirements of a specification as used in purchasing and supplies management
Date posted:
February 23, 2018
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Answers (1)
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What is the main function of a detailed specification in purchasing and supplies management?
(Solved)
What is the main function of a detailed specification in purchasing and supplies management?
Date posted:
February 23, 2018
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Answers (1)
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State three functions of a purchase description
(Solved)
State three functions of a purchase description.
Date posted:
February 23, 2018
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Answers (1)
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What is the importance of a standard purchase requisition in the purchasing circle?
(Solved)
What is the importance of a standard purchase requisition in the purchasing circle?
Date posted:
February 23, 2018
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Answers (1)
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What is a material requirement planning schedule as used it purchasing?
(Solved)
What is a material requirement planning schedule as used it purchasing?
Date posted:
February 23, 2018
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Answers (1)
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State five contents of a purchase requisition
(Solved)
State five contents of a purchase requisition.
Date posted:
February 23, 2018
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Answers (1)
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State the demerits of information technology in purchasing and supplies management.
(Solved)
State the demerits of information technology in purchasing and supplies management.
Date posted:
February 23, 2018
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Answers (1)
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State five impacts of information technology on daily operations of a purchasing department
(Solved)
State five impacts of information technology on daily operations of a purchasing department.
Date posted:
February 23, 2018
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Answers (1)
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Outline the relationship between purchasing and information technology
(Solved)
Outline the relationship between purchasing and information technology.
Date posted:
February 23, 2018
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Answers (1)
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Discuss multistage sampling and quota sampling and their advantages
(Solved)
Discuss multistage sampling and quota sampling and their advantages.
Date posted:
February 21, 2018
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State five rights that a purchasing department is mandated to fulfill
(Solved)
State five rights that a purchasing department is mandated to fulfill.
Date posted:
February 21, 2018
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Define the term purchasing
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Define the term purchasing.
Date posted:
February 21, 2018
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Give ways of managing factors that inhibit entrepreneurship development
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Give ways of managing factors that inhibit entrepreneurship development.
Date posted:
February 16, 2018
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Discuss the advantages of insurance.
Date posted:
February 15, 2018
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Give qualities of good information.
Date posted:
February 15, 2018
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State four ways in which a forest as a natural resources may be of benefit to a country
(Solved)
State four ways in which a forest as a natural resources may be of benefit to a country.
Date posted:
February 14, 2018
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