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 check to the supplier.
C)The purchaser sends a purchase order to the supplier.
D)The purchase 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. This initiates the process and outlines the details of the transaction, such as the quantity and price of goods being purchased. The supplier cannot ship the goods until they have received the purchase order.

Which of the Following Is the First Step in the Purchasing