Which of the following is not one of the steps in the purchasing cycle?

Question

Quizplus · Accepted Answer

The steps in the purchasing cycle typically include receiving a requisition, selecting a supplier, placing an order, receiving goods or services, monitoring orders, and making payment to the supplier. However, executing a spend analysis is not typically considered a step in the purchasing cycle, but rather a preliminary activity that may inform purchasing decisions.

Which of the Following Is Not One of the Steps