3 Questions
What does the term 'procurement threshold' refer to?
The maximum price for a product
Which of the following is closely related to 'procurement threshold'?
Supplier selection
What is the main purpose of a 'procurement threshold'?
To control spending
Study Notes
What does the term 'procurement threshold' refer to? Which of the following is closely related to 'procurement threshold'? What is the main purpose of a 'procurement threshold'?
Test your knowledge on procurement thresholds with this quiz! Learn what the term 'procurement threshold' means, discover its close relationship to another concept, and understand the main purpose behind setting a 'procurement threshold'.
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