A purchase requisition is converted to a PO in the purchase order processing step in the procurement process.

Question

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In the procurement process, a purchase requisition is first created to initiate a request for goods or services. Once the requisition is approved, it is processed into a purchase order (PO) which is a legally binding document that specifies the details of the purchase. Therefore, the statement "A purchase requisition is converted to a PO in the purchase order processing step in the procurement process" is true.

A Purchase Requisition Is Converted to a PO in the Purchase