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A) Every business establishes & follows a certain procedure for executing its purchase operations. Such procedure always involves the preparation of a number of documents

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A) Every business establishes & follows a certain procedure for executing its purchase operations. Such procedure always involves the preparation of a number of documents and relevant authorities for their approval. One of these important documents involved in purchase procedure is called Purchase Requisition. Required: Explain what is a Purchase Requisition, who prepares it, and what kind of information is included in it, using a sample Purchase Requisition

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