Which of the following is a reason small value purchases are handled differently?
A)To give the buyer additional supplier choices
B)To obtain a higher quality product
C)To have better tracking of material usage
D)To control unnecessary administrative costs

Question

Quizplus · Accepted Answer

Small value purchases are handled differently because controlling unnecessary administrative costs is important for these purchases. The cost of processing a purchase order and issuing checks is often higher than the value of the item being purchased, making it important to have a streamlined process for small value purchases.

Which of the Following Is a Reason Small Value Purchases