All of the following are required elements in a purchase requisition except _____.
A)quantity and date required
B)estimated unit cost
C)operating account to be charged
D)authorized signature
E)identification and approval of a supplier by the end user

Question

Quizplus · Accepted Answer

While the other four elements (quantity and date required, estimated unit cost, operating account to be charged, and authorized signature) are necessary for a purchase requisition, identification and approval of a supplier is not. Although it is helpful for the end user to have a supplier in mind, the procurement department may have existing relationships with suppliers or may need to research and select the best supplier for the goods or services needed.

All of the Following Are Required Elements in a Purchase