Solved

Which of the Following Statements Is True

Question 42

Multiple Choice

Which of the following statements is true?


A) Planned purchase orders are used for purchases made on approximate dates and in specified quantities when inventories run low.
B) Standard purchase orders are used for long-term purchases on multiple dates over a period of time.
C) Blanket purchase orders are used for one-time purchases.
D) Blanket purchases are used for purchases made on approximate dates and in specified quantities when inventories run low.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents