Which of the following is the first step in the procure-to-pay process?
A) negotiate price and terms
B) issue purchase order
C) receive goods
D) receive invoice
E) settle payment

Name: Which of the following is the first step in the procure-to-pay process? A) negotiate price and terms B) issue purchase order C) receive goods D) receive invoice E) settle payment
Brand: Quizplus
Rating: 4.8 (38 reviews)

Question

Quizplus · Accepted Answer

The first step in the procure-to-pay process is to negotiate price and terms with the supplier before any purchase orders are issued.

Which of the Following Is the First Step in the Procure-To-Pay