A _____ is a credit card issued to selected employees to help 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 is designed to simplify the purchasing process for selected individuals or departments within an organization, allowing them to make purchases on behalf of the company without the need for traditional purchase orders and invoices. Procurement cards are typically issued with preset spending limits and specific allowable expense categories. Smart cards, meta cards, and charge cards do not have the same intended use or function as a procurement card.

A _____ Is a Credit Card Issued to Selected Employees