Question: Please match each item on the left with the most appropriate item on the right. 1 . Authorize a purchase 2 . Bank reconciliation 3

Please match each item on the left with the most appropriate item on the right.
1. Authorize a purchase
2. Bank reconciliation
3. Purchase order
4. Purchase requisition
5. Quantity discounts
6. Receiving report
7. Reorder point
8. Source documents, journal entries, ledger postings
9. Strategic alliance
10. Vendor invoice
a. A way to monitor inventory needs
b. Audit trail components
c. Internal control to manage the risk of embezzlement
d. One reason for consolidating purchase requisitions
e. Possible internal control for purchasing from inappropriate vendors
f. Prepared by purchasing department
g. Promotes separation of duties
h. Requests customer payment
i. Several can be combined on one purchase order
j. Step in the acquisition/payment process

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