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126 CHAPTER 4 The Procurement Process

15. Explain the different steps in the procurement process in terms of their
triggers, required data, tasks completed, and outcomes.
16. Which steps in the procurement process have an impact on fi nancial
accounting? Explain these impacts.
17. During which steps in the procurement process are material documents
created. Why?
18. What is meant by source of supply determination? What are the different
ways of identifying a source of supply?

19. What are the different paths from a purchase requisition to a purchase
order? What determines which path is selected?
20. Figure 4-21 illustrates the different purchase order processing options.
Explain this fi gure.
21. A purchase requisition can result in multiple purchase orders, and multi-
ple requisitions can be combined into one purchase order. Explain the cir-
cumstances when these two scenarios are possible. Provide examples.
22. What is a delivery document? What is the signifi cance of a delivery docu-
ment in purchasing?
23. Explain the outcomes of the goods receipt step of the procurement
process
24. Explain the outcomes of the invoice verifi cation step of the procurement
process.

25. What is a three-way match? What is its purpose? What documents are
involved in a three-way match?
26. Explain how the procurement process is integrated with other processes
within an organization.
27. Provide two examples of online lists and work lists. Explain what these
reports are used for.
28. Provide two examples of reports generated via standard analysis. Explain
what these reports are used for.

EXERCISES

Exercises for this chapter are available on WileyPLUS.

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