Which is the correct order of buying merchandise from a company?
A) Approval for payment, order, requisition, invoice, receiving report
B) Approval for payment, requisition, order, invoice, receiving report
C) Requisition, order, invoice, approval for payment, receiving report
D) Requisition, order, invoice, receiving report, approval for payment

Question

Quizplus · Accepted Answer

The correct order starts with a requisition (request to buy goods), followed by placing the order with the supplier. After the goods are shipped, an invoice is received. The receiving report documents the receipt of the goods. Finally, approval for payment is given after verifying that the order was fulfilled correctly.

Which Is the Correct Order of Buying Merchandise from a Company