When are purchase requisitions commonly used by organizations?

Purchase requisitions are commonly used by organizations primarily for purchases that exceed a certain amount. This process helps to ensure that there is oversight and control over spending, as well as compliance with company policies and budgeting processes. By requiring a requisition for significant expenditures, organizations can manage their resources more effectively, assess the necessity of the purchase, and ensure that funds are available. This practice enhances accountability and helps prevent unauthorized purchases.

The other options reflect specific scenarios that do not align with the broader use of purchase requisitions within organizations. For example, limiting requisitions to gifts and donations would be too narrow and not typical of standard purchasing practices. Similarly, personal purchases are generally not covered under organizational protocols, as they pertain strictly to individual employee expenditures rather than business-related transactions. Finally, tying requisitions solely to budget planning ignores their ongoing use throughout the purchasing process, as requisitions are not typically constrained to just budgetary considerations.