Which of the Following Is Not One of the Spending

question 51

Multiple Choice

Which of the following is not one of the spending reduction strategies used following a spend analysis?

• A)Consolidation of unrelated purchases.
• B)Consolidation of similar purchases.
• C)Reduction in the number of suppliers.
• D)Reduction of maverick spend.
• E)Increased use of more efficient contracting methods.

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Definitions:

Refurbishment Company

A business specializing in the process of renovating or restoring products to their original condition or better.

Shipping Container

A large, standard-sized metal box used for transport and storage of goods in international trade.

Activity Variances

The differences between actual and budgeted levels of activity, often analyzed to understand deviations in performance.

Revenue Variances

The differences between actual revenues and forecasted or budgeted revenues.