Which One of the Following Duties Should Not Be Assigned

question 108

Multiple Choice

Which one of the following duties should not be assigned the purchases department?

• A)finding the lowest cost vendor
• B)reviewing vendors' catalog descriptions and prices for standardized items
• C)designing the purchase order form
• D)authorizing the acquisition of goods

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Definitions:

Approach Zero

A concept in mathematics and economics where a variable gets infinitely close to zero but never actually reaches zero.

Standard Oil Company

An American oil producing, transporting, refining, and marketing company established by John D. Rockefeller and associates in 1870, known for its historical monopoly in the industry.

Antitrust Policy

Legislation and regulations designed to promote competition and prevent monopolies by regulating the conduct of companies to ensure fair competition.

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The method of differentiating a product or service from competitors in the marketplace to increase its appeal to a specific target audience.