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Out of the following, what is not the work of purchase department:

A. Receiving purchase requisition

B. Exploring the sources of material supply

C. Preparation and execution of purchase orders

D. Accounting for material received

Answer: Option D

Solution(By Examveda Team)

Accounting for material received is not the work of purchase department. Most major companies and even some government organizations have a purchasing or procurement department as part of everyday operations. These departments provide a service that is the backbone of many manufacturing, retail, military and other industrial organizations.

This Question Belongs to Commerce >> Costing

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