The purchasing team examined all of the past purchases from the previous financial year in order to identify possible areas of cost savings. What kind of analysis was the purchasing team conducting?
A) Process analysis
B) Purchasing analysis
C) Spend analysis
D) Pattern analysis
C) Spend analysis
You might also like to view...
The longest economic expansion in U.S. history occurred in the
A. 1960s. B. 1970s. C. 1980s. D. 1990s.
________ criteria are a set of analyses and metrics grouped together to assess the cost of ownership.
A. Value B. End user C. Transactional D. Service E. Financial
Which of the following would be a likely disadvantage of activity-based costing (ABC)?
A) A decrease in a company's ability to accurately prepare budgets for the upcoming period. B) A decrease in a company's ability to find opportunities for continuous improvement. C) An increase in the accuracy of product cost information. D) An increase in the cost of obtaining accurate product cost information.
Several new ____ were added outside our company's main entrance
A) bench's B) benchs C) benches