PURCHASE REQUISITION Definition

Bookmark and Share

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

FMR see FINANCING MARGIN RATIO.

NET SALES is gross sales less discounts, allowances, sales returns, freight out, etc.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.