Question no : 518 MM Invoice Verification Concepts

TERP10 Unit 3 Procurement Cycle 

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The possible effects of the results of an Invoice Verification are ? 

I)    Updating and changing the moving average price of the material master. 

II)   Updating the PO history in the purchase order. 

III)  Creating an accounting document. 

IV   Debit the GR/IR clearing account. 

V)   Credit the Vendor account. 

(Select ONE best answer)

A)   I, III, IV. 

B)   I, II, IV. 

C)   II, III, IV. 

D)   I, IV, V.  

E)    I, II, III, IV, V. 

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