REQUISITION FORM Meaning and
Definition
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A requisition form, also known as a purchase requisition form or simply a requisition, is a document used in organizations to request the purchase of goods or services. It is typically filled out by an employee or department in need of specific items or services that are not readily available within the organization's existing inventory or resources.
The requisition form serves as a formal written request, outlining the details of the desired goods or services, including their quantity, description, and any other specifications or requirements. It may also include information such as the reason for the request, the budget allocated, and the desired timeline for acquisition.
Once the requisition form is completed, it is typically submitted to the appropriate department or individual responsible for procurement or purchasing. This document helps facilitate the process of obtaining necessary approvals, tracking expenses, and managing inventory.
Requisition forms often play a crucial role in maintaining efficiency within an organization. They provide a standardized way for employees to communicate their needs, allowing the purchasing department to streamline the procurement process and ensure that all requested goods or services are obtained in a timely and cost-effective manner.
Overall, a requisition form acts as a formal request for necessary items or services, enabling organizations to effectively manage their procurement activities and keep track of resource utilization.
Common Misspellings for REQUISITION FORM
- eequisition form
- dequisition form
- fequisition form
- tequisition form
- 5equisition form
- 4equisition form
- rwquisition form
- rsquisition form
- rdquisition form
- rrquisition form
- r4quisition form
- r3quisition form
- re1uisition form
- re2uisition form
- rewuisition form
- reauisition form
- reqyisition form
- reqhisition form
- reqjisition form
Etymology of REQUISITION FORM
The etymology of the word "requisition" comes from the Latin word "requisitio", meaning "a requirement" or "a demand". It is derived from the verb "requirere", which means "to ask for" or "to seek".
The term "form" in "requisition form" refers to a document or a standardized format used to record the details of a requisition. The word "form" has an Old English origin and is derived from the Latin word "forma", meaning "shape" or "mold". It came to be used to describe a document with pre-determined sections to be filled out.
Similar spelling words for REQUISITION FORM
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