Economics · Inventory Management
Which of the following functions are fulfilled by a Goods Received Note (GRN)? (i) Provides information to update the inventory records on receipt of goods (ii) Provides information to check the quantity on the supplier's invoice (iii) Provides information to check the price on the supplier's invoice
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1(i), (ii) and (iii)
- 2(ii) and (iii) only
- 3(i) and (iii) only
- 4(i) and (ii) only✓
Correct answer
(i) and (ii) only
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