Questions: Multiple Choice Question The report prepared to show the quantity and condition of the goods received is called a report. O purchase O receiving O requisition Need help? Review these concept resources. Read About the Concept

 Multiple Choice Question

The report prepared to show the quantity and condition of the goods received is called a  report.

O purchase
O receiving
O requisition

Need help? Review these concept resources.

Read About the Concept
Transcript text: Multiple Choice Question The report prepared to show the quantity and condition of the goods received is called a _____ report. O purchase O receiving O requisition Need help? Review these concept resources. Read About the Concept
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Solution

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The answer is the second one (or B): receiving.

Explanation for each option:

  • Purchase: This report typically details the items that have been ordered or bought, not necessarily the condition or quantity of goods received.
  • Receiving: This report is specifically prepared to show the quantity and condition of the goods received. It is used to verify that the items delivered match the purchase order and are in acceptable condition.
  • Requisition: This report is generally used to request items or services, not to document the receipt of goods.

Summary: The report prepared to show the quantity and condition of the goods received is called a receiving report.

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