Purchasing Policies and Authority Quiz

To outline the responsibilities of the purchasing department

To define the objectives of the purchasing function

To establish the buying levels within an organization

To provide a general statement for detailed policies (correct)

The power to make purchasing decisions (correct)

The level of control over purchasing objectives

The responsibility to manage the purchasing department

The budget allocated for purchasing activities

Establishing the responsibilities of the buying levels

Defining the objectives of the purchasing function

Providing a general statement for purchasing policies

Developing detailed policies for purchasing activities (correct)

<p>Executive committee</p> Signup and view all the answers

<p>The areas where purchasing authority is limited</p> Signup and view all the answers

<p>Both A and B</p> Signup and view all the answers

<p>Purchasing is increasingly becoming involved in these areas</p> Signup and view all the answers

<p>To ensure compliance of all business functions</p> Signup and view all the answers