The financial value of a purchase is determined by reviewing the supplier's invoice. This document contains the details of the goods or services provided by the supplier, including the quantities, descriptions, and prices of the items. Here are the steps:

1. Obtain the supplier's invoice: This is usually sent by the supplier after the goods or services have been delivered. It contains the details of the purchase, including the price of each item.

2. Review the details: Check the quantities, descriptions, and prices of the items on the invoice. Make sure they match what was ordered and received.

3. Calculate the total cost: Add up the cost of all the items on the invoice. This gives you the total financial value of the purchase.

4. Verify the invoice: Compare the details on the invoice with the purchase order and the receiving report. If there are any discrepancies, contact the supplier to resolve them.

5. Record the invoice: Once the invoice has been verified, it should be recorded in the company's financial system. This ensures that the purchase is accounted for correctly.

So, the correct answer is c. supplier's invoice.

Question

The financial value of a purchase is determined by reviewing the supplier's invoice. This document contains the details of the goods or services provided by the supplier, including the quantities, descriptions, and prices of the items. Here are the steps:

1. Obtain the supplier's invoice: This is usually sent by the supplier after the goods or services have been delivered. It contains the details of the purchase, including the price of each item.

2. Review the details: Check the quantities, descriptions, and prices of the items on the invoice. Make sure they match what was ordered and received.

3. Calculate the total cost: Add up the cost of all the items on the invoice. This gives you the total financial value of the purchase.

4. Verify the invoice: Compare the details on the invoice with the purchase order and the receiving report. If there are any discrepancies, contact the supplier to resolve them.

5. Record the invoice: Once the invoice has been verified, it should be recorded in the company's financial system. This ensures that the purchase is accounted for correctly.

So, the correct answer is c. supplier's invoice.

Knowee AI · Accepted Answer

The financial value of a purchase is determined by reviewing the supplier's invoice. This document contains the details of the goods or services provided by the supplier, including the quantities, descriptions, and prices of the items. Here are the steps:

1. Obtain the supplier's invoice: This is usually sent by the supplier after the goods or services have been delivered. It contains the details of the purchase, including the price of each item.

2. Review the details: Check the quantities, descriptions, and prices of the items on the invoice. Make sure they match what was ordered and received.

3. Calculate the total cost: Add up the cost of all the items on the invoice. This gives you the total financial value of the purchase.

4. Verify the invoice: Compare the details on the invoice with the purchase order and the receiving report. If there are any discrepancies, contact the supplier to resolve them.

5. Record the invoice: Once the invoice has been verified, it should be recorded in the company's financial system. This ensures that the purchase is accounted for correctly.

So, the correct answer is c. supplier's invoice.

The financial value of a purchase is determined by reviewing theSelect one:a.packing slipb.receiving reportc.supplier's invoiced.purchase requisition

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