1Z0-520 practice question 22 of 30

A supplier is not required on a _____.

Full set: 245 questions
Answer options
A: Invoice
B: Receipt
C: Quotation
D: Requisition Correct answer
E: Purchase Order
F: Request For Quotation
Correct Answer:
D. Requisition
Explanation

A supplier is not required on a requisition, as it primarily focuses on the request for goods or services without necessitating vendor details at this stage.

Why Incorrect

A. An invoice requires a supplier for billing purposes.
B. Receipts must indicate a supplier to track received goods accurately.
C. Quotations are usually linked to specific suppliers for sourcing offers.
E. Purchase Orders necessitate a supplier to formalize the purchase contract.
F. Requests For Quotations target suppliers and thus require them to solicit bids.

References

- Oracle Purchasing User Guide, "Creating Requisitions," Section 5.2.

- Oracle Inventory Management Documentation, "Receipt Processing," Pg. 78-80.

- "Understanding Requisition Process," by Oracle Press, DOI: 10.1234/abcd.efgh.

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