Term of Day
Uh oh! You're not
Term of Day
+ Create New Flashcard
Accounting: A check that has been created in an Accounts Payable
but not yet approved for issuance/signature. A check may have multiple levels of
depending on the
Logistics: An unapproved
on-hand carried out by an
who is not authorized to make
records or the
. Errors made in an unapproved inventory check can lead to discrepancies in the
. For example, the employee might be unaware that additional inventory is being stored in another
and zero out the
in the system, triggering a replenishment request.
letter of credi...
pro forma invoi...
net present val...
You Also Might Like...
How to Void a Check - Avoid Fraud and Unauthorized ...
A check is physical, legal contract that effectively represents a promissory note to pay the amounts indicated in numeric and written values, to the payee designated in the "pay to" section. Your signature authorizes the amount indicated to be ...
QuickBooks Pro Review
Intuit QuickBooks is a corporate accounting software that makes both Accounts Payable and Accounts Receivable extremely manageable for small businesses. In addition to simplifying the accounting process, it is also a great way to pull reports and ...
Managing Small Business Growth
Small business owners generally love the word "growth" since when used in relation to a business, it usually means success. A growing business is a thriving business, or so most people believe. Unfortunately, many small business owners discover the ...
How to Protect Your Privacy When Job Hunting
Copy & paste this HTML in your website to link to this page
Browse Dictionary by Letter: