Which of the Following Organizational Data Are Required When Creating

question 20

Multiple Choice

Which of the following organizational data are required when creating a purchase requisition?

• A)Sales organization
• B)Company code
• C)Storage location
• D)Purchasing organization
• E)Purchasing group

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Definitions:

Replevy

Replevy is a legal process whereby seized goods are returned to their owner upon posting security, usually in situations where goods were wrongfully taken or retained.

Insolvent

Refers to a financial state where an entity or individual is unable to pay debts as they become due.

Replacement Goods

Products that are provided to a consumer to replace defective or unsatisfactory goods initially purchased.

Liquidation

The process of closing a business and distributing its assets to claimants, often during bankruptcy.