Once a vendor is selected for a product,the company's identity is recorded in the

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Once a vendor is selected for a product, the information about the vendor is recorded in the product inventory master record. This record contains detailed information about the product, such as the cost, quantity, and vendor information. It is also used to track inventory levels and to make purchasing decisions based on demand and availability. The general ledger and purchase requisition file are not specifically related to the vendor selection process, while the product inventory transaction file is used to track the actual movement of inventory, rather than the selection of a vendor.

Once a Vendor Is Selected for a Product,the Company's Identity