The final step in the procurement process should be
A) preparation of the purchase order.
B) vendor payment.
C) receipt of the goods.
D) invoice verification.

Question

Quizplus · Accepted Answer

The final step in the procurement process should be vendor payment. This is when the organization pays the vendor for the goods or services they have provided. It is important to ensure that all necessary invoice verification and receipt of the goods have been completed before making the payment. Once the payment has been made, the procurement process is complete.

The Final Step in the Procurement Process Should Be