What is 'Three-Way Match' refers in Acconting ?

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What is 'Three-Way Match' refers in Acconting ?

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In accounting, the Three-way Match refers to a procedure used when processing an invoice received from a vendor or supplier The three-way match is an important step in safeguarding an organization's assets The purpose of the three-way match is to avoid paying incorrect and perhaps fraudulent invoices Here Three-way refers to the three documents involved : * Vendor's invoice which was received and will become part of an organization's accounts payable if approved * Purchase order that was prepared by the organization * Receiving report that was prepared by the organization And Match refers to the comparison of the quantities, price per unit, terms, etc appearing on the vendor's invoice to the information on the purchase order and to the quantities actually received After the vendor's invoice has been validated by the three-way match, it can be further processed for payment

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1. How would you automatically transfer your visitors to a new web page?

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Correct Answer: - You can do it with the help of meta tag mentioned below:

<META HTTP-EQUIV="Refresh" CONTENT="2"; URL="https://wwwyoursitecom">

Place this tag between <HEAD></HEAD> - It will load yousitecom in 2 seconds

3. Cash Reserve Ratio ( CRR) and Stautory Liquidity Ratio (SLR ) are terms most closely related to which of the following industries/markets :
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A. Mutual Fund
B. Income Tax
C. Stock Exchange
D. Banking

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