Check all attributes below that were met for a test of an expenditure. Attached is a copy of the invoice and below is information from the accounting system: Item # Transaction ID Invoice Date Vendor Vendor Code Object Code Object Code Name Amount Created Approved Invoice # Date Entered Paid Date Amount Paid 98 19000001101 9/22/2018 Ohio Dept of Transportation VC0000126549 E450 Road Construction $6,914.41 JMM03 BVZ02 101492 10/3/18 10/22/2018 $ 6,914.41 Invocie for Exam 3 TH.docx check all that apply A. Documentation exists B. Transaction had proper approval before payment C. Invoice agrees to journal: amount, vendor, fund, object code D. Invoice is mathematically correct E. Document was cancelled F. Recorded timely (5 days from reciept of goods or invoice) G. Invoice was paid timely
Check all attributes below that were met for a test of an expenditure. Attached is a copy of the invoice and below is information from the accounting system: Item # Transaction ID Invoice Date Vendor Vendor Code Object Code Object Code Name Amount Created Approved Invoice # Date Entered Paid Date Amount Paid 98 19000001101 9/22/2018 Ohio Dept of Transportation VC0000126549 E450 Road Construction $6,914.41 JMM03 BVZ02 101492 10/3/18 10/22/2018 $ 6,914.41 Invocie for Exam 3 TH.docx check all that apply A. Documentation exists B. Transaction had proper approval before payment C. Invoice agrees to journal: amount, vendor, fund, object code D. Invoice is mathematically correct E. Document was cancelled F. Recorded timely (5 days from reciept of goods or invoice) G. Invoice was paid timely
Financial Reporting, Financial Statement Analysis and Valuation
8th Edition
ISBN:9781285190907
Author:James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
Publisher:James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
Chapter1: Overview Of Financial Reporting, Financial Statement Analysis, And Valuation
Section: Chapter Questions
Problem 5QE
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Check all attributes below that were met for a test of an expenditure. Attached is a copy of the invoice and below is information from the accounting system:
| Item # | Transaction ID | Invoice Date | Vendor | Vendor Code | Object Code | Object Code Name | Amount | Created | Approved | Invoice # | Date Entered | Paid Date | Amount Paid |
| 98 | 19000001101 | 9/22/2018 | Ohio Dept of Transportation | VC0000126549 | E450 | Road Construction | $6,914.41 | JMM03 | BVZ02 | 101492 | 10/3/18 | 10/22/2018 | $ 6,914.41 |
Invocie for Exam 3 TH.docx check all that apply
| A. |
Documentation exists |
|
| B. |
Transaction had proper approval before payment |
|
| C. |
Invoice agrees to journal: amount, vendor, fund, object code |
|
| D. |
Invoice is mathematically correct |
|
| E. |
Document was cancelled |
|
| F. |
Recorded timely (5 days from reciept of goods or invoice) |
|
| G. |
Invoice was paid timely |
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