The open purchase order file in the purchasing department is used to determine
A)the quality of items a vendor ships
B)the best vendor for a specific item
C)the orders that have not been received
D)the quantity of items received

Question

Quizplus · Accepted Answer

The open purchase order file is used to keep track of orders that have not been received yet. It helps the purchasing department to monitor the status of their orders and take necessary actions if needed, such as following up with vendors, adjusting delivery dates, or canceling orders. The file may contain information such as order number, vendor name, item description, quantity, unit price, and delivery date. It is an essential tool for effective inventory management and cost control. However, it does not provide information about the quality of items a vendor ships or the best vendor for a specific item, which are determined through other processes such as vendor evaluation, product testing, and market analysis. The quantity of items received can be obtained from the purchase receipts or inventory records.

The Open Purchase Order File in the Purchasing Department Is