Which type of payments does the Accountability Activity Audit Report include?

The Accountability Activity Audit Report is designed to provide a comprehensive overview of various types of financial transactions. It specifically includes non-merchandise payments because these payments encompass a wider range of financial activities beyond just the purchase of inventory or goods. Non-merchandise payments could include expenses related to services, operational costs, employee reimbursements, and other payments that are necessary for the functioning of the business but do not involve the direct acquisition of products for resale.

This inclusion of non-merchandise payments in the report helps provide a holistic view of the financial activities, enabling better tracking and accountability regarding how funds are being utilized across different areas of the business. By documenting these payments, managers and stakeholders can more effectively assess spending, identify trends, and implement necessary adjustments to improve financial management practices.