Which of the following is the first step in the purchasing and payment process?
A) The purchaser receives an invoice for the goods shipped by the supplier.
B) The purchaser sends a check to the supplier.
C) The purchaser sends a purchase order to the supplier.
D) The purchase receives the inventory and prepares a receiving report.

Question

Quizplus · Accepted Answer

The first step in the purchasing process is for the purchaser to send a purchase order to the supplier, indicating the goods or services to be purchased, quantity, expected delivery date, and preferred payment terms. Once the supplier accepts the purchase order, they will then send an invoice for the goods shipped. The purchaser will then prepare a receiving report upon receipt of the inventory and can then proceed to send payment to the supplier. Sending a check or preparing a receiving report are not the first steps in the process.

Which of the Following Is the First Step in the Purchasing