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C_TB1300_07 · Question #117

Jim from Simons Inc. works in the purchasing department. Explain to him what happens once a goods receipt document has been added based on a purchase order.

The correct answer is A. The system creates an accounting transaction to record the change in inventory value. B. A link to an A/P Invoice is created. C. Stock levels are updated in the system. D. The purchase order is cancelled. See the full explanation below for the reasoning.

Question

Jim from Simons Inc. works in the purchasing department. Explain to him what happens once a goods receipt document has been added based on a purchase order.

Options

  • AThe system creates an accounting transaction to record the change in inventory value.
  • BA link to an A/P Invoice is created.
  • CStock levels are updated in the system.
  • DThe purchase order is cancelled.

How the community answered

(46 responses)
  • A
    100% (46)

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