The period waited after issuing the purchase order and delivery of goods is called?

Question added by benson munaka , Forensic Auditor/Buyer/Store Controller/supervisor , MorniPac Consultants (Pvt) Limited
Date Posted: 2015/09/07

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by Boobalan Chennakesavan , Area Sales Manager , HVL Pest Services Pvt Ltd

Processing Period in which the purchase order will be processed internally to deliver the goods properly.

What is the difference between a purchase order and a contract?
Top Answer: A purchase order (PO) is a commercial document issued by a buyer to a seller, indicating types, quantitie ... See More

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Which of the following are part of the purchasing cycle?
Top Answer: my answer is E. In the context of project management, Procurement cycle consists of 4 steps: 1. Plan Pr ... See More

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Do you need to issue Purchase Order and GRN for Petty cash expenses? Whereas size of organization is small?
Top Answer: Issuing purchase order and GRN are not required for petty cash expenses. If the vendor is listed with the ... See More

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How can you negotiate to get lower price after issuing purchase order?
Top Answer: Ethically and professionally once purchase order is issued, price negotiations should not be done. Unles ... See More

Answers (6)

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