Which of the following is the first step in the purchasing and payment process?
A)The supplier ships the goods and sends an invoice to the purchaser.
B)The purchaser sends a purchase order to the supplier.
C)The purchaser sends a cheque to the supplier.
D)The purchaser receives the inventory and prepares a receiving report.

Question

Quizplus · Accepted Answer

The first step in the purchasing and payment process is for the purchaser to send a purchase order to the supplier, indicating the goods or services desired and the terms of the purchase.

Which of the Following Is the First Step in the Purchasing