PURCHASE REQUISITION Definition

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PURCHASE REQUISITION is a written request for goods to be purchased. It is usually prepared by a department head or manager and sent to a firms purchasing department.

Learn new Accounting Terms

GI, among others, is an acronym for: Government Issue, General Increase, General Information, or General Issue.

REPRODUCTION COST LESS DEPRECIATION (RCLD) is a technique for valuing electric distribution assets.

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