When goods are received, the receiving clerk sends copies of the receiving report to the inventory control clerk and the AP clerk.

Question

Business

Kyan Cook

30 March, 14:33

When goods are received, the receiving clerk sends copies of the receiving report to the inventory control clerk and the AP clerk.

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Answers (1)

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Chace Howard · Answer 1

True

Explanation:

When goods are received, the receiving clerk sends copies of the receiving report to the inventory control clerk and the AP clerk.

The reason is that apart from the storekeeper who receives these goods, the inventory control clerk who does stock count ought to be aware of why there may be changes in stock the next time he/she counts, he also should be in possession of a control copy to substantiate the adjustment of inventory control records.

The Account Payable clerk has to update the Accounts Payables ledger with the amount payable for the goods received so that the company can have adequate record of the amount suppliers are being owed to date.