Procurement cards - Study guides, Class notes & Summaries

Procurement Technology - correct answer Helps accelerate business improvements Results Oriented Budgeting - correct answer Attempts to link a resource allocation to performance criteria Budget Cycle - correct answer 1. Planning 2. Formalization 3. implementation 4. evaluation Procurement Cards - correct answer payment method whereby internal customers are empowered to deal directly with suppliers using a credit card Four principles of negotiation - correct answer 1. separate people f...

DOD Government Purchase Card Refresher Training Questions and Answers Rated A+ The limitation for convenience check (CC) accounts for overseas contingencies differs from the regular CC account limitation in that it allows for transactions up to $10,000. True An Approving Officer (AO) responsible for originating, approving, or processing the requirement for a check may also be a convenience check custodian. False Cardholders in contracting organizations must comply with Federal Acq...

CPPO Flash Cards Exam Questions with Correct Answers An _______ is the detailed review and examination of records, documents and the business processes with the confirmation by outside experts of a situation or condition concluding with a detailed report of findings. - Answer-Audit An ________ is a formal examination or verification of financial accounts or other business operations - Answer-Audit List the four types of audits? - Answer-Financial and compliance audits Economy and effici...

CPPB Exam (2023/2024) with Complete and Certified Solutions Procurement Technology Helps accelerate business improvements Results Oriented Budgeting Attempts to link a resource allocation to performance criteria Budget Cycle 1. Planning 2. Formalization 3. implementation 4. evaluation Procurement Cards payment method whereby internal customers are empowered to deal directly with suppliers using a credit card Four principles of negotiation 1. separate people from the problem 2. create a varie...

CPPB Exam Questions and Answers (rated A) CPPB Exam Questions and Answers (rated A) Procurement Technology - ANSWER-Helps accelerate business improvements Results Oriented Budgeting - ANSWER-Attempts to link a resource allocation to performance criteria Budget Cycle - ANSWER-1. Planning 2. Formalization 3. implementation 4. evaluation Procurement Cards - ANSWER-payment method whereby internal customers are empowered to deal directly with suppliers using a credit card Four princ...

Budget Test EDUC 616 Charleston Southern University Questions with Answers p-card (procurement card or purchasing card) - Answer-A credit card used to streamline the traditional purchase order and invoice payment processes. $0-$2500 - Answer-No bids - can use p-card - no shipment cards $2500-$10,000 - Answer-Need 3 different quotes and procurement is a good resource for this $10,000-$50,000 - Answer-abbreviated advertisement required- can take down in 7 days - Request for quote- most...

Procurement Technology  Helps accelerate business improvements Results Oriented Budgeting  Attempts to link a resource allocation to performance criteria Budget Cycle  1. Planning 2. Formalization 3. implementation 4. evaluation Procurement Cards  payment method whereby internal customers are empowered to deal directly with suppliers using a credit card Four principles of negotiation  1. separate people from the problem 2. create a variety of options before deciding w...

Procurement Technology - Helps accelerate business improvements Results Oriented Budgeting - Attempts to link a resource allocation to performance criteria Budget Cycle - 1. Planning 2. Formalization 3. implementation 4. evaluation Procurement Cards - payment method whereby internal customers are empowered to deal directly with suppliers using a credit card Four principles of negotiation - 1. separate people from the problem 2. create a variety of options before deciding which to pursue 3...

Procurement Technology correct answers Helps accelerate business improvements Results Oriented Budgeting correct answers Attempts to link a resource allocation to performance criteria Budget Cycle correct answers 1. Planning 2. Formalization 3. implementation 4. evaluation Procurement Cards correct answers payment method whereby internal customers are empowered to deal directly with suppliers using a credit card Four principles of negotiation correct answers 1. separate people from t...

Procurement Technology - ANSWER-Helps accelerate business improvements Results Oriented Budgeting - ANSWER-Attempts to link a resource allocation to performance criteria Budget Cycle - ANSWER-1. Planning 2. Formalization 3. implementation 4. evaluation Procurement Cards - ANSWER-payment method whereby internal customers are empowered to deal directly with suppliers using a credit card Four principles of negotiation - ANSWER-1. separate people from the problem 2. create a variety of...