Typical steps of a traditional procurement process: Step 3 - After receiving the goods, the buyer sends back a signed copy to the vendor and internally files a/an _____.
A) Purchase order (PO)
B) Bill of lading (BOL)
C) Invoice
D) Receipt of goods
E) Cheque

Question

Quizplus · Accepted Answer

After receiving the goods, the buyer typically files a "Receipt of goods" to confirm that the items have been received as per the order.

Typical Steps of a Traditional Procurement Process: Step 3 -