Which document authorizes the purchase of the inventory from an approved vendor?
A) the purchase order
B) the petty cash voucher
C) the receiving report
D) the vendor's invoice

Question

Which document authorizes the purchase of the inventory from an approved vendor?​
A) ​the purchase order
B) ​the petty cash voucher
C) the receiving report
D) the vendor's invoice

Quizplus · Accepted Answer

The purchase order is a legal document issued by the buyer to the vendor indicating the type, quantity, and agreed-upon price for products or services. It authorizes the purchase of inventory from an approved vendor.

Which Document Authorizes the Purchase of the Inventory from an Approved