Question

In the accounting system of Apogee Company, the quantities counted by the receiving department and entered at a terminal are transmitted to the computer, which immediately transmits the amounts back to the terminal for display on the terminal screen. This display enables the operator to Establish the validity of the account number. Verify that the amount was entered accurately. Verify the authorization of the disbursement. Prevent the overpayment of the account.

Answer 1

Apogee Company

This display enables the operator to

Prevent the overpayment of the account.

Step-by-step explanation:

This display means that the computer calculates the amount due on the account based on a predetermined and preset unit price in accordance with the local purchase order for the transaction. It is a verification of the amount that should be paid to the supplier. The receiving department can match this computer generated amount with the invoice amount before transferring the invoice to the payment department.