When purchasing miscellaneous supplies,companies can reduce costs,improve efficiency,and combat employee fraud by

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Using procurement cards allows for centralized control and tracking of purchases, as well as pre-approved spending limits and restrictions. This helps reduce costs by avoiding unnecessary purchases and combating fraud by limiting unauthorized purchases. JIT inventory system only applies to goods for production or resale, not miscellaneous supplies. Requiring employees to personally purchase items can be time-consuming and unreliable, while paying with petty cash may lead to incomplete documentation and unauthorized spending.

When Purchasing Miscellaneous Supplies,companies Can Reduce Costs,improve Efficiency,and Combat Employee