Which steps are involved in converting a purchase requisition into a purchase order?
A)Source list
B)Outline purchase agreement
C)Storage location
D)Request for quotation
E)Quotation

Question

Quizplus · Accepted Answer

The correct answer is D and E. A purchase requisition is a document that is used to request the purchase of goods or services. A purchase order is a document that is used to authorize the purchase of goods or services. The steps involved in converting a purchase requisition into a purchase order are:1. Request for quotation: The first step is to request a quotation from potential suppliers. This can be done by sending out a request for quotation (RFQ) to multiple suppliers.2. Quotation: The next step is to receive quotations from the suppliers. These quotations should include the price, delivery time, and other relevant information.

Which Steps Are Involved in Converting a Purchase Requisition into a Purchase