Purchase authorization is granted by:

Question

Quizplus · Accepted Answer

All of the options provided can be used to grant purchase authorization. A pre-approved supplier list and price list can streamline the purchasing process and ensure that purchases are made from trusted sources at fair prices. However, requiring management approval for all purchases adds an extra layer of oversight and control over the purchasing process, which can prevent unauthorized or inappropriate purchases from being made. Therefore, all of these options can be effective in granting purchase authorization.

Purchase Authorization Is Granted By