Approving invoice for payment
What are the information do you require before you approve any invoice for payment?
Expert
First of all focus on your supervision and inspection skills. Express your understanding of the documentation required for verification before payment is to be made.
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Rs. Sales 2,40,000 Variable costs 1,44,000 Fixed costs 26,000 Profit before tax 70,000 Rate of tax 40% Firm is proposing to buy the new plant that could generate extra annual profit of Rs. 10,000. The fixed cost of new plant is expected to Rs. 4000. New plant would increase sales volume by Rs. 40,00
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