Question

The document that the purchasing department prepares and sends to the vendor to place an order is:

Answer 1

Answer: (B) Purchase order.

Explanation: The purchase order is a document used to formalize a purchase, which must have all the characteristics or details of it, such as the date of purchase, payment terms, name of the buyers, among others. These purchases can be cash (0 days) or a credit (30-90 days) to determine the agreement that the company has with its suppliers.

Answer 2

Answer:

The correct answer is letter "A": Purchase requisition.

Explanation:

A purchase requisition is a document used to facilitate a product or service transaction as part of the accounting process. For stock purchases or production equipment, procurement specifications can also be used to create products for resale. Purchase requisitions are typically used by government agencies to authorize expenses.