A _____ is a credit card issued to selected employees to streamline the traditional purchase order and invoice payment processes.
A) procurement card
B) smart card
C) meta card
D) charge card

Question

Quizplus · Accepted Answer

A procurement card, also known as a purchasing card or a P-card, is a type of credit card that allows selected employees to make purchases on behalf of their organization without going through the traditional purchase order and invoice payment processes. The procurement card program is typically managed by the organization's procurement department and is designed to streamline the purchasing process, reduce administrative costs, and increase efficiency. Smart cards and charge cards are different types of credit cards that serve different purposes, while a meta card is not a recognized term in the credit card industry.

A _____ Is a Credit Card Issued to Selected Employees