Question

1) Duplicate payments issues ultimately get resolved to everyone's satisfaction. While being resolved, which party is holding on to the duplicate payment funds?

1.Customer

2. Vendor

3. Company

4. A third party in escrow

2) The Accounts Payable Department gets blamed for many mistakes. However, the reality is that most mistakes occur because of poor communication and misinformation related to whether sales tax should or should not be included.

True or False?

3.) The relationship between the Accounts Payable Department and the Purchasing Department is generally good. It is the Sales Department that often causes a lot of extra work for Accounts Payable.

True or False?

Answer 1

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All are individual questions: highlighted in yellow: Anwers are Solution: Answer Explanation: 1) 2. Vendor Because, AP will make the payment to Vendors. 2) FALSE Because, most mistakes occur because of poor communication and misinformation related to agreement terms with the vendors. 3) Because, it is the Purchase department that often causes a lot of extra FALSE work for Accounts Payable.