What does a purchase order help in managing from the OTB budget?

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A purchase order plays a crucial role in managing the Open-to-Buy (OTB) budget as it serves as a formal document that allows a business to control its spending effectively. By utilizing a purchase order, a company can keep track of its planned purchases against the allocated budget. This helps ensure that expenses are accurately recorded and that the budget is adjusted accordingly when a purchase order is issued.

When a purchase is made and a purchase order is created, the expenditure is documented, and this allows the company to have real-time visibility into remaining budget availability. Thus, it directly supports financial management by reminding the team of pending budget subtractions resulting from confirmed purchases.

In terms of the context provided, other options such as recording employee attendance, calculating sales forecasts, or scheduling employee shifts do not directly relate to the purpose of a purchase order in managing the OTB budget. These functions serve different operational aspects of a business and do not involve the financial tracking that is specific to purchase orders and budget management.

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