To Achieve the Overall Objective of the Purchasing Phase in the Expenditure

question 41

Multiple Choice

To achieve the overall objective of the purchasing phase in the expenditure cycle,an organisation needs to:

• A)Approve and authorise initiated purchases properly.
• B)Ensure that accepted goods and services must meet quality and delivery specifications.
• C)Record all purchase commitments and obligations accurately.
• D)All of the options are correct.

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Definitions:

Interview

A formal, structured conversation where questions are asked to gather information from the interviewee.

Lethargic

Describing a state of sluggishness, drowsiness, or little to no energy, often as a symptom of a medical condition or result of lack of sleep.

Obtunded

Describes a state of reduced alertness or consciousness, often characterized by a decreased response to external stimuli.

Stuporous

A state of reduced consciousness or awareness, where the person is unresponsive to stimuli to a great extent.