Accounting: Inventories

What do Purchase Orders do?

A: Confirms a purchase from a vendor (seller)

B: Authorizes purchase of from vendor (seller)

C: Establishes initial record of inventory received

D: Prevents damage and customer or employee theft

Lifelines:

Question 15 $1000000

Question 14 $500000

Question 13 $250000

Question 12 $125000

Question 11 $64000

Question 10 $32000

Question 9 $16000

Question 7 $4000

Question 6 $2000

Question 5 $1000

Question 4 $500

Question 3 $300

Question 2 $200

Question 1 $100

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