Question

Before a schedule receipt can take place, an order must be placed with a vendor.

a) True

b) False

Answer 1

The statement is true; an order must be placed with a vendor before a schedule receipt can be expected, as a schedule receipt is for goods that have been ordered and are anticipated to arrive.

Step-by-step explanation:

Before a schedule receipt can take place, an order must be placed with a vendor. This statement is true. A scheduled receipt is an anticipated arrival of goods that a company expects to receive from an order that has already been placed with a supplier or vendor. Without placing an order, there would be no expected shipment to schedule for receipt. The process involves order confirmation, updating inventory systems, and preparing for the incoming goods, to ensure that they can be received efficiently and integrated into the company's operations smoothly.