Describe the purpose of a purchase requisition by selecting the correct answer below. (Check all that apply.) Purchase requisitions are used to inform the purchasing department of its needs. Purchase requisitions are used for control purposes. Purchase requisitions are designed, so that managers can place their orders directly with vendors without going through the purchasing department. Managers are not allowed to place orders directly with vendors; instead, they fill out a purchase requisition.

Question

Business

Izayah Pineda

20 April, 09:42

Describe the purpose of a purchase requisition by selecting the correct answer below. (Check all that apply.) Purchase requisitions are used to inform the purchasing department of its needs. Purchase requisitions are used for control purposes. Purchase requisitions are designed, so that managers can place their orders directly with vendors without going through the purchasing department. Managers are not allowed to place orders directly with vendors; instead, they fill out a purchase requisition.

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Answers (1)

Know the Answer?

Irene Walton · Answer 1

Purchase requisitions are used to inform the purchasing department of its needs.

Explanation:

Purchase Requisition is an internal control which ensures orders are valid and authorized by the responsible personnel. The purchase requisitions informs the purchasing department of its needs which is then authorized by signature by the responsible personnel, thus ensuring there are controls in the purchasing process.