As the first step in the acquisition/payment process, goods are requested based on:
A)Monitored need.
B)The amount of cash in the bank.
C)The relationship between a buyer and a seller.
D)The use of information technology.

Question

Quizplus · Accepted Answer

Goods should be requested based on a monitored need, which means that the request should be based on the actual need of the organization and not on factors such as the amount of cash in the bank or the relationship between a buyer and a seller. The use of information technology may be helpful in the acquisition/payment process, but it is not the first step in the process.

As the First Step in the Acquisition/payment Process, Goods Are