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The payables clerk obtains and matches the purchase order, receiving report, and vendor's invoice and untill all three are obtained, the items are filed in a pending file.  True or False

The payables clerk obtains and matches the purchase order, receiving report, and vendor's invoice and untill all three are obtained, the items are filed in a pending file.  True or False

Principles of Accounting Volume 1
Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter8: Fraud, Internal Controls, And Cash
Section: Chapter Questions
Problem 8MC: Which one of the following documents is not needed to process a payment to a vendor? A. vendor...
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The payables clerk obtains and matches the purchase order, receiving report, and vendor's invoice and untill all three are obtained, the items are filed in a pending file. 

True or False?

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