A. What document is used to create the Purchase Order in the Expenditure Cycle and wheredoes it come from? B. Who creates the Purchase Order? C. Who gets copies of the Purchase Order? In the space below, please answer parts A, B, and C.
A. What document is used to create the Purchase Order in the Expenditure Cycle and wheredoes it come from? B. Who creates the Purchase Order? C. Who gets copies of the Purchase Order? In the space below, please answer parts A, B, and C.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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A. What document is used to create the Purchase Order in the Expenditure Cycle and wheredoes it come from?
B. Who creates the Purchase Order?
C. Who gets copies of the Purchase Order?
In the space below, please answer parts A, B, and C.
Expert Solution
Step 1
Answer a:
The purchase requisition document is used to create the Purchase Order. It comes from the department where goods are to be used.
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