_____ can be defined as that amount of an organization's total procurement budget that is purchased from unauthorized sources.
A)Indirect spend
B)Direct spend
C)PBL
D)E-commerce
E)Maverick spend

Question

Quizplus · Accepted Answer

Maverick spending refers to the amount of an organization's procurement budget that is spent on unauthorized sources like vendors or suppliers that are not approved by the organization's procurement department. This can lead to higher costs, inconsistent quality, and potential legal and regulatory issues. Controlling maverick spending is important for effective procurement management.

_____ Can Be Defined as That Amount of an Organization's