Which of the Following Departments Typically Approves Purchase Requisitions

question 7

Multiple Choice

Which of the following departments typically approves purchase requisitions?

• A)Raw materials stores.
• B)Cost accounting.
• C)Inventory management.
• D)IT.

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Definitions:

Stock Repurchase

A transaction where a corporation repurchases its shares from the market, thereby decreasing the volume of shares that are publicly available.

Repurchase

A company's practice of reacquiring its shares from the market, which may lead to an appreciation in the value of the outstanding shares.

Dividend Clientele Effect

A theory suggesting that investors prefer dividends at rates that match their own tax situation.