Regarding Electronic Data Interchange? (EDI), which of the following statements is? incorrect? A. The retailer...
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Accounting
Regarding Electronic Data Interchange? (EDI), which of the following statements is? incorrect?
A. The retailer electronically sends an invoice to the supplier.
B. When a? retailer's inventory reaches a low? level, the computer creates and sends an electronic purchase order to the supplier.
C. A manager approves the? invoice, and then an electronic fund transfer sends the? retailer's payment to the supplier.
D. EDI procedures are used for both cash payments and cash receipts in many companies.
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You can see the logs in the Dashboard.