Before a shipping notice is prepared during the revenue cycle, shipping department personnel should match...

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Accounting

Before a shipping notice is prepared during the revenue cycle, shipping department personnel should match the inventory received from the warehouse to the

A

picking tickets.

B

sales order and bill of lading.

C

picking ticket and sales order.

D

sales order.

Usually the supplier will give the buyer permission to correct the invoice for any discrepancies in quantity. In the case of damaged or poor-quality goods, a document called a(n) ________ is prepared after the supplier agrees to take back the goods or to grant a price reduction.

A

return memo

B

debit memo

C

adjustment memo

D

credit memo

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