Question

A receiving report is an external request for the purchase of goods or services from a vendor.

a. true
b. false

Answer 1

A receiving report is not an external request for the purchase of goods or services from a vendor, but rather a document used internally to verify the receipt of goods or services.

Step-by-step explanation:

A receiving report is not an external request for the purchase of goods or services from a vendor, so the statement 'A receiving report is an external request for the purchase of goods or services from a vendor' is false.

A receiving report is actually a document used internally by a company or organization to verify the receipt of goods or services from a vendor. It typically includes details such as the quantity, description, and condition of the received items.

For example, when a company receives a shipment of goods from a vendor, the receiving department will prepare a receiving report to confirm that the shipment matches the purchase order and to record any discrepancies or damages.