If an item is considered to be low value, low risk, and has a large number of potential suppliers, it is typically classified in the leverage sourcing category.
<h3><u>What does a category of leverage sourcing mean?</u></h3>
The term "leverage sourcing category" is used in the procurement process to describe goods that have a variety of low-risk sources of supply. In most cases, it is assumed that using leverage will result in high expenditures and possible procurement savings.
<u>What roles do the various categories of leveraged sourcing play?</u>
- Grouping of the items to be purchased to aid in negotiations
- Reduce costs by making use of a market that is competitive.
- It aids in developing automatic supplier interfaces to cut down on process costs.
Learn more about the leverage sourcing category with the help of the given link:
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Answer:
Answer for the bench marking function of the budgeting process is option
<u>C) Budgeting requires close cooperation between accountants and operational personnel. </u>
Explanation:
Bench marking is setting a standard.
During the budgeting process, it can be overwhelming to put together a strategic plan that will suffice for a period. That is where bench marking comes in to aid the procedure.
Instead of just having to guess at your key business numbers, you can look at industry standards by consulting with the accounting and operational personnel before you put your budget together.
For example, industry benchmarks can help you figure out what percentage of your sales most companies spend on marketing and what your margin should be on every sale.
You can use this method for lots of other metrics, including profits, marketing spend, inventory to keep on hand, and cash flow metrics like accounts payable and accounts receivable.
The cost of using utilities such as water, heating, electricity, waste disposal, and sewage is known as utility expense. Expenses are incurred throughout the reporting period, computed and accumulated for, or payment is made.
Option A is the correct answer, the average power bill in Orlando is $138. 66, which is $17. 21 higher than the national average.
<h2>Step-by-step explanation:</h2>
% 
% 
<h3>The cost of the Orlando bill:</h3>
higher than the national average.
So, the average Orlando eclectic bill is $138.66. This is $17.21 greater than the average electric bill in the United States.
For more information about the national average, refer below:
brainly.com/question/8212077
Answer:
The optimal production batch size for the supplier is 980 units.
Explanation:
In order to calcuate the optimal production batch size for the supplier we have to use the following formula:
optimal production batch size= 
(<u>2×Annual Demand×setup cost)</u>
Holding Cost
optimal production batch size= (<u>2×(1,000×12)×($250×4)</u>
($100×25%)
optimal production batch size=(<u>2×12,000×$1,000)</u>
$25
optimal production batch size= 980 units
Answer:
decisional
Explanation:
She is playing a decisional role in the above scenario since she has to make the necessary arrangements and arguments and select the best possible price for the given scenario.
