Question no : 360 FI Asset Accounting Basic Concept

TERP10 (Unit 12) Financial Accounting 

The purchase of an asset can be transacted via which of the following methods:

I)    Without a vendor or a purchase order.

II)   To a vendor, however; without reference to any purchase order. 

III)  Via Material Management using the purchase order. 

(Select ONE best answer)

A)   III. 

B)   I, III.   

C)   II, III. 

D)   I.  

E)    I, II, III. 

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