This Figure is an analytic flowchart of the accounts payable component of a procurement business process. Required

Question:

This Figure is an analytic flowchart of the accounts payable component of a procurement business process.

From Stores From Purchasing From Stores Q1 Q2 Q3 Review Account Coding Review Purchase Tems Q4 Pull Documents upon Receipt of Vendor's Invoice From Purchasing By Number Q5 06 Receiving Report Purchase Order Match and Verify | Matching Process Purchase Requisition Voucher Processing 08 M. Q7 Q8 M.

Required

Match the following list of eight items to the labels Q1 through Q8 that appear in the figure.

1. File

2. Invoice

3. Match to requisition and purchase order

4. Receiving report

5. Purchase order

6. Forward to cash disbursements

7. Voucher

8. Purchase requisition

Accounts Payable
Accounts payable (AP) are bills to be paid as part of the normal course of business.This is a standard accounting term, one of the most common liabilities, which normally appears in the balance sheet listing of liabilities. Businesses receive...