Question

Purchase indent is an

• A. Legal document
• B. Internal document
• C. External document
• D. Property document

Hint:

A purchase indent is typically an internal document that communicates the need for specific goods or materials within an organization.

Answer 1

The Correct Option is B

Step 1: Understanding the purchase indent.
A purchase indent is an internal document used by departments within an organization to request materials or supplies. It is typically generated when the department needs to procure items and formally communicates this request to the procurement department.
Step 2: Analyzing the options.
(A) Legal document: This is incorrect as a purchase indent is not a legal document, but an internal organizational tool.
(B) Internal document: Correct — A purchase indent is an internal document used within an organization.
(C) External document: This is incorrect as purchase indents are not meant for external communication.
(D) Property document: This is not the correct category for a purchase indent, as it pertains to internal procurement processes.
Step 3: Conclusion.
The correct answer is (B) Internal document as a purchase indent is used internally within an organization for procurement.