Which of the following are principal reports required for effective management of the purchasing process?
A) Vendor performance; outstanding purchase orders
B) Vendor invoices; discounts lost
C) All of the above
D) B only

Question

Quizplus · Accepted Answer

All the options listed are essential for managing the purchasing process effectively. Vendor performance and outstanding purchase orders help in evaluating supplier reliability and tracking order fulfillment. Vendor invoices and discounts lost are crucial for financial management and ensuring cost-effectiveness in purchasing.

Which of the Following Are Principal Reports Required for Effective