A(n)________ is an internal company document that issues an order for a purchase.
A) bill of materials
B) purchase order
C) itemized bill
D) purchase requisition

Question

Quizplus · Accepted Answer

A purchase requisition is an internal document that is used to request approval and authorization to proceed with a purchase. It typically contains details such as the item or service to be purchased, the quantity, the estimated cost, and the department or project that will be charged for the purchase. Once approved, the purchase requisition is used to generate a purchase order, which is a binding document that authorizes the vendor to supply the goods or services at the agreed-upon price and terms.

A(n)________ Is an Internal Company Document That Issues an Order