Benefits Derived from Implementing E-Procurement Systems Include All of the Following

question 42

Multiple Choice

Benefits derived from implementing e-procurement systems include all of the following EXCEPT:

• A)Allows buyers to submit bids and suppliers to respond to those bids in real time
• B)Increases the accuracy in communication between buyers and suppliers
• C)Creates numerous additional job opportunities in the purchasing department
• D)Tracking bids and transactions is easier and faster

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Definitions:

Nonprofits

Organizations that operate primarily for a public or social benefit rather than for the profit of private owners or shareholders.

Critical Role

An essential position or function within an organization that is fundamental to its operation or success.

Revenue Ruling 2007-41

A guideline issued by the IRS regarding the political activity limitations of tax-exempt organizations under section 501(c)(3) of the Internal Revenue Code.

Internal Revenue Service

The U.S. federal agency responsible for tax collection and tax law enforcement.