Below Are the Documents Commonly Encountered in a Procurement Business

question 112

Essay

Below are the documents commonly encountered in a procurement business process:
a.Purchase requisition
b.Purchase order
c.Receiving report
d.Payment voucher
Required: For each document,(1)state where it originated,and (2)give the entity or entities (e.g.,other departments or parties)which would most likely receive a copy of the document or that should access it in a database.

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Definitions:

Fair Outcomes

Equitable and impartial results or conclusions in a given situation, ensuring justice and equality.

Procedures

Established methods or steps for conducting business, operations, or other routine tasks to achieve consistency and efficiency.

Equity Theory

A theory of motivation that suggests individuals are motivated by a sense of fairness in their interactions.

Input

Contributions, resources, or information provided towards a process or system in order to achieve an output or result.