Selecting suppliers for a company's goods and services is part of the:
A)Revenue process
B)Expenditure process
C)Selection process
D)Conversion process

Question

Quizplus · Accepted Answer

Selecting suppliers for a company's goods and services is part of the expenditure process, as it involves the procurement of resources needed by the company for its operations. The revenue process involves generating income, the selection process involves choosing employees, and the conversion process involves the transformation of inputs into outputs.

Selecting Suppliers for a Company's Goods and Services Is Part