Vendors should be approved by Management before purchase department executes an order. If this is not done then which of the following situations may arise-
Options:
| a) purchases could be made from vendors whose product quality may not be good b) Purchases may be made from related parties without management’s knowledge c) Purchases could be made from vendors who may have offered price to vice-president purchases d) Any of these |
The Correct Answer Is:
d) Any of these