Which of the following occurs when a goods receipt is recorded?

When a goods receipt is recorded, it serves as formal documentation that indicates the acceptance of goods into inventory. This process verifies that the goods delivered by a vendor match the order and confirms their readiness for use or sale. The goods receipt is an essential part of inventory management and procurement because it ensures that the organization only pays for items that have been received in acceptable condition. This process also triggers subsequent inventory updates and can initiate payment processes in alignment with the inventory records.

Other options focus on different processes related to procurement. For instance, automatic payment does not occur simply upon receipt of goods; payment typically follows separate verification and invoicing steps. Preparing a shipment for delivery is related to logistics before goods are received, while generating an invoice for payment is a function triggered later in the procurement cycle, usually after a goods receipt is recorded and matched with the purchase order.