Last Updated on December 21, 2021 by InfraExam
Effective transactional controls are often capable of offering which of the following benefits (Choose four.):
- reduced administrative and material costs
- shortened contract cycle times
- enhanced procurement decisions
- diminished legal risk
- None of the choices.
Explanation:
Transactional systems provide a baseline necessary to measure and monitor contract performance and provide a method for appraising efficiency against possible areas of exposure. Effective transactional controls reduce administrative and material costs, shorten contract cycle times, enhance procurement decisions, and diminish legal risk.
Transactional systems provide a baseline necessary to measure and monitor contract performance and provide a method for appraising efficiency against possible areas of exposure. Effective transactional controls reduce administrative and material costs, shorten contract cycle times, enhance procurement decisions, and diminish legal risk.