All of the Following Are Required Elements in a Purchase

question 10

Multiple Choice

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

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Definitions:

Crowdfunding

A method of raising capital through the collective effort of friends, family, customers, and individual investors, primarily online via social media and crowdfunding platforms.

Venture Capital

Financing that investors provide to startup companies and small businesses with perceived long-term growth potential.

Computer Forensics

The practice of collecting, analyzing, and preserving computer-related evidence for legal purposes.

Collaborative Model

A framework or system used to enable multiple users or parties to work together on a common task or project, often in real-time.