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Summary AIN2601 assessment 4 solutions 2025 first semester

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AIN2601 assessment 4 solutions 2025 first semester










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Uploaded on
April 17, 2025
Number of pages
15
Written in
2024/2025
Type
Summary

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75/100 pass rate- Please flag certain questions to avoid being detected and charged for plagiarism

Question1
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The open delivery note report can be printed and analysed to ensure that all inventory items delivered have been
invoiced.

Select one:
True

False



Question2
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The same way organisations grant credit limits, the organisations want to …

1. allow their customers to pay when they have the money to pay.

2. have more debtors than creditors.

3. pay their suppliers as soon as possible.
4. delay paying their suppliers.

, Question3
Complete
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Which document will a company use to request the purchase of items or services to be rendered?



a. Invoice



b. Purchase Order



c. Inventory Request note


d. Supplier’s delivery note




Question4
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The supplier invoice is linked to the GRN and the GRN is then closed.

Select one:
True

False



Question5
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Upon receipt of inventory items, when creating a GRN in the AIS, the GRN is linked to the



a. Supplier’s delivery note



b. Quotation



c. Invoice


d. Purchase order

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