What action should occur upon cancellation of a requisition?

When a requisition is canceled, the appropriate action is to de-obligate funds, if applicable. This is important because when a requisition is created, funds are typically reserved or obligated to fulfill that request. If the requisition is no longer needed and is canceled, it is essential to accurately reflect this change in the financial records by releasing or returning the obligated funds to ensure proper budget management.

De-obligating funds helps prevent overspending and ensures that resources remain available for other necessary purchases or requirements. It also aids in maintaining the integrity of financial reporting and accountability within the supply management process.

The other options do not properly address the necessary actions that should follow requisition cancellation. For instance, obligating funds would be counterproductive as it contradicts the intent to cancel the requisition. Changing the document number or verifying the ship-to address does not address the financial implications of cancelling a requisition, which can lead to confusion in inventory and budgeting processes.