Typical steps of a traditional procurement process: Step 4 - The vendor sends a/an _____ to the buyer.
A) Purchase order (PO)
B) Bill of lading (BOL)
C) Invoice
D) Receipt of goods
E) None of the above

Question

Quizplus · Accepted Answer

In a traditional procurement process, after the buyer sends a purchase order to the vendor, the vendor sends an invoice to the buyer, detailing the amount due for the goods or services provided.

Typical Steps of a Traditional Procurement Process: Step 4 -