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THE SCOPE OF THE PURCHASING FUNCTION
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accepted actual advertising American Standards Association amount basis bids budget budgetary business cycle buyer buying catalogue cent cerned charge chasing commodity company's concerns consideration contract cost cotton decision definite delivery determine discounts duction economical engineering equipment essential executives expense fact factors Federal Trade Commission futures contracts important inspec inspection division inventory control inventory control problem invoice involved jobber machine manu manufacturing ment method N.A.P.A. Handbook necessary obtained operation organization particular performance perpetual inventory plant possible practice problem procedure procurement production department profit Purch purchase order purchasing agent purchasing department purchasing director purchasing function purchasing officer Purchasing Policies quantity quantity discounts question quotations raw materials reason received record requirements requisition responsibility result sales department scrap seller selling shipment sources of supply specifications standard storeskeeper supplier tion transactions vendor York