Author Question: Describe the function and use of a purchase requisition and a purchase order. What will be an ... (Read 81 times)

rmenurse

  • Hero Member
  • *****
  • Posts: 513
Describe the function and use of a purchase requisition and a purchase order.
 
  What will be an ideal response?

Question 2

The disaster backup and recovery technique known as electronic vaulting is a service whereby data changes are automatically transmitted over the Internet on a continuous basis to an off-site server maintained by a third party.
  Indicate whether the statement is true or false



jrpg123456

  • Sr. Member
  • ****
  • Posts: 317
Answer to Question 1

A purchase requisition is filled out when someone in an organization needs goods or services. A purchase requisition is a request to buy a good or a service and it is typically sent to the purchasing department or, in a smaller business, to the owner for approval. If the request is approved, then a purchase order is prepared and sent to an outside vendor specifying the items desired.

Answer to Question 2

T



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Bisphosphonates were first developed in the nineteenth century. They were first investigated for use in disorders of bone metabolism in the 1960s. They are now used clinically for the treatment of osteoporosis, Paget's disease, bone metastasis, multiple myeloma, and other conditions that feature bone fragility.

Did you know?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

Did you know?

Asthma occurs in one in 11 children and in one in 12 adults. African Americans and Latinos have a higher risk for developing asthma than other groups.

Did you know?

Symptoms of kidney problems include a loss of appetite, back pain (which may be sudden and intense), chills, abdominal pain, fluid retention, nausea, the urge to urinate, vomiting, and fever.

Did you know?

For about 100 years, scientists thought that peptic ulcers were caused by stress, spicy food, and alcohol. Later, researchers added stomach acid to the list of causes and began treating ulcers with antacids. Now it is known that peptic ulcers are predominantly caused by Helicobacter pylori, a spiral-shaped bacterium that normally exist in the stomach.

For a complete list of videos, visit our video library