Put the Procurement to Payment process steps in order of occurence: 1. Vendor Payment 2. Create and send Purchase Order to vendor 3. Create purchase requisition 4. Vendor Selection 5. Shipment ot item ordered from vendor 6. Invoice receipt 7. Goods Receipt

The correct sequence is as follows;

3. Create purchase requisition - 4. Vendor Selection - 2. Create and send Purchase Order to vendor - 5. Shipment of item ordered from vendor - 7. Goods Receipt - 6. Invoice receipt - 1. Vendor Payment

Explanation:

In making a requisition, the first step is to create the purchase requisition. This then drives or informs the selection of a vendor.

Then, the purchase order is created and sent to the vendor. The vendor ships based on the purchase order, the goods are received and acknowledged.

The seller sends the invoice which informs the amount to be paid.