The purchase requisition is often prepared _______.
A)manually, and it represents the end of the transaction trail of documentary evidence in support of management's assertion of occurrence of purchase transactions
B)electronically, and it represents the end of the transaction trail of documentary evidence in support of management's assertion of occurrence of purchase transactions
C)electronically, and it represents the start of the transaction trail of documentary evidence in support of management's assertion of occurrence of purchase transactions
D)manually, and it represents the start of the transaction trail of documentary evidence in support of management's assertion of occurrence of purchase transactions

Question

Quizplus · Accepted Answer

The purchase requisition is typically prepared electronically and represents the start of the transaction trail for documenting the occurrence of purchase transactions. It initiates the procurement process and sets off a chain of events that ultimately concludes with the payment to suppliers.

The Purchase Requisition Is Often Prepared _______