{"id":4320,"date":"2023-03-09T23:03:05","date_gmt":"2023-03-09T23:03:05","guid":{"rendered":"https:\/\/fisdomdevel.wpengine.com\/glossary\/requisition\/"},"modified":"2023-03-09T23:03:05","modified_gmt":"2023-03-09T23:03:05","slug":"requisition","status":"publish","type":"post","link":"https:\/\/www.fisdom.com\/glossary\/requisition\/","title":{"rendered":"Requisition"},"content":{"rendered":"<p>\nRequisition is the formal way of requesting for a particular item which is required for performing a particular business function. Mostly there is documentary evidence involved in requisition which may be a mandatory requirement for audit trails.<\/p>\n<h2>Example of requisition<\/h2>\n<p>Suppose a Video editing team A requires a software that will help them in editing and making better videos, they will need to place a formal requisition with the concerned department to buy the software.<\/p>\n<h2><\/h2>\n<h2><\/h2>\n<h2><\/h2>\n<h2><\/h2>\n","protected":false},"excerpt":{"rendered":"<p>Requisition is the formal way of requesting for a particular item which is required for performing a particular business function. Mostly there is documentary evidence involved in requisition which may be a mandatory requirement for audit trails. Example of requisition Suppose a Video editing team A requires a software that will help them in editing [&hellip;]<\/p>\n","protected":false},"author":67,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[15],"tags":[],"class_list":["post-4320","post","type-post","status-publish","format-standard","hentry","category-investing-essentials"],"_links":{"self":[{"href":"https:\/\/www.fisdom.com\/glossary\/wp-json\/wp\/v2\/posts\/4320","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.fisdom.com\/glossary\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.fisdom.com\/glossary\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.fisdom.com\/glossary\/wp-json\/wp\/v2\/users\/67"}],"replies":[{"embeddable":true,"href":"https:\/\/www.fisdom.com\/glossary\/wp-json\/wp\/v2\/comments?post=4320"}],"version-history":[{"count":0,"href":"https:\/\/www.fisdom.com\/glossary\/wp-json\/wp\/v2\/posts\/4320\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.fisdom.com\/glossary\/wp-json\/wp\/v2\/media?parent=4320"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.fisdom.com\/glossary\/wp-json\/wp\/v2\/categories?post=4320"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.fisdom.com\/glossary\/wp-json\/wp\/v2\/tags?post=4320"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}