Q1. Please create a policy & procedure for Accounts payable section In Finance Department,

( Payment Process Policy and Procedure ) in the American University Of Dubai,

Please answer the points below:

a. Overview of payment process.

(Please mention the overview and background about payment processing policy in brief. You can show a summary statement with descriptions of the activities addressed by the policy. You may define unique terms that, by being defined, would add to the readers understanding of the policy. The statement should be brief which include a basic explanation for the policy).