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Companies should require a purchase order prior to purchase to ensure proper authorization and control over spending, helping to prevent unauthorized purchases. It also aids in budget management by providing a clear record of anticipated expenses. Additionally, purchase orders streamline the procurement process, facilitating better tracking of orders and enhancing accountability within the organization. Overall, this practice promotes transparency and reduces the risk of financial discrepancies.

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4w ago

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What is the name of a form authorizing payment of a puchase?

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