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In which plan is every step from purchase requisition to payment fixed in advance?

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Answer and explanation

Correct answer: Procedure

Procedure states the order of steps. In exams requisition to payment sequence indicates procedure.

Related tags

PlanningProcedurePurchase-Process

Frequently asked questions

What is the correct answer to this question?

Procedure

Why is this the correct answer?

Procedure states the order of steps. In exams requisition to payment sequence indicates procedure.

Which subject and chapter does this question cover?

This is a Class 12 Business Studies question. Chapter: Planning. Topic: Types of plans.

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