List the four steps, the proper order, of the purchasing and payment process.

What will be an ideal response?


Step 1: The company sends a purchase order to the supplier.
Step 2: The supplier ships the inventory and sends an invoice to the company.
Step 3: The company receives the inventory and prepares a receiving report.
Step 4: After approving all documents, the company sends a check to the supplier.

Business

You might also like to view...

Which of the four new Ps encompasses the old four Ps as well as a range of other marketing activities that might not fit well into the old view of marketing?

A) programs B) processes C) promotion D) people E) performance

Business

Product adaptation alters the product to meet local conditions or preferences. Identify four levels of adaptation

What will be an ideal response?

Business

The costs of quality consist entirely of rework costs and customer complaint costs

Indicate whether the statement is true or false

Business

Which is correct?

a. Both of the courses that Drew wants to take have prerequisites. b. Both courses that Drew wants to take have prerequisites.

Business