Which of the Following Is NOT a Step in the Purchasing

question 9

Multiple Choice

Which of the following is NOT a step in the purchasing cycle?

• A) receipt and analysis of purchase requisition
• B) selection of vendor
• C) make up the specification for the product
• D) issue a purchase order
• E) receive and accept the goods.

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Definitions:

Code Of Conduct

A set of rules outlining the norms, rules, and responsibilities or proper practices of an individual, party, or organization.

Ethical Compliance

Adherence to ethical standards and regulations set by professional bodies or legislation to ensure moral conduct in business practices.

Successfully Implemented

Refers to projects, initiatives, or strategies that have been executed effectively and have achieved their intended goals.

Pyramid Of Social Responsibility

A model that outlines a corporation's obligations to stakeholder groups in a hierarchical manner, prioritizing economic, legal, ethical, and philanthropic responsibilities.