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Which is not true regarding the functions of a purchasing department? a) Locating suppliers b) Obtaining price quotation c) Paying the suppliers

Accounts Payable
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Question added by Asad Ullah masood , Senior Accountant , GLOBAL BUSINESS INTERNATIONAL
Date Posted: 2013/06/15
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Vasondakamare Bala
by Vasondakamare Bala , International Trading Manager , ICM Womai Technology Sdn Bhd

Hi,

 

It is A & B. Some of the important functions of Purchasing Department are:

a) sourcing for supplies

b) Supplier management  which including bidding, negotiating, selecting the suppliers, price/cost controlling, timely delivery of purchased products/items/raw materials, etc.

c) Legal controls in regards purchasing

 

Regards,

VK

SALIK RAFIQUE
by SALIK RAFIQUE , GM FINANCE , SWISS PRO MANUFACTURING CO.

Paying the Suppliers is not the function of purchasing department.

Yasser Mohammed Ali
by Yasser Mohammed Ali , Accounts Payable Supervisor , Q Kitchen Design

c) Paying the suppliers

Musheer Syed
by Musheer Syed , Accountant , Kadhema Scientific Consultancy & Services

C ) Paying the suppliers

Khurram Rais
by Khurram Rais , Manager Accounts , TRAVELLING VISTED SAUDIA

A & B

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