Which of the following is/are the principal report(s) required for the effective management of the purchasing process?
A) Vendor performance.
B) Outstanding sales orders.
C) Discounts taken.
D) All of the above.

Question

Quizplus · Accepted Answer

The vendor performance report is the principal report required for the effective management of the purchasing process. This report provides information on the quality, delivery, and pricing of vendors, helping purchasing managers evaluate and improve their relationships with suppliers. While outstanding sales orders and discounts taken may be useful for tracking purchase orders and savings, they are not essential reports for managing the purchasing process.

Which of the Following Is/are the Principal Report(s) Required for the Effective