Title: Analyze forms used in purchasing.
Course: Strategic Marketing (formerly Marketing, Advanced) (12152) > Section: Purchasing Products and Services

Analysis should include the identification of the components and uses of various forms, including

- want slips
- receiving records
- purchase orders
- invoices.

Process/Skill Questions:

- How does the use of appropriate purchasing forms aid the daily operation of a business?
- Why is it important for a business to file and keep such forms?
- What are the implications of not closing out invoices in a timely manner?
- How often should purchasing forms be reviewed and updated?
- How can businesses use technology to help with their inventory systems?