Which of the following statements describes an invoice from a supplier?
A) It is an order to purchase goods from a supplier.
B) It is a statement from the supplier showing the goods purchased and the amount due.
C) It is a report showing that the goods have been received in good condition, as ordered.
D) It is a document authorizing a payment to a supplier.
B
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Bell's Shop can make 1,000 units of a necessary component with the following costs:
Direct Materials $24,000 Direct Labor 6,000 Variable Overhead 3,000 Fixed Overhead ? The company can purchase the 1,000 units externally for $39,000. The unavoidable fixed costs are $2,000 if the units are purchased externally. An analysis shows that at this external price, the company is indifferent between making or buying the part. What are the fixed overhead costs of making the component? a) $8,000 b) $6,000 c) $4,000 d) Cannot be determined
Which of these would be a reason to raise a change proposal for authorization?
A. If the change has a major cost impact on the business B. If the change has been assessed as being technical C. If the change has been raised by a user D. If the change has been assessed by a supplier