Effective transactional controls are often capable of offering which of the following benefits (choose all that apply):
A. reduced administrative and material costs
B. shortened contract cycle times
C. enhanced procurement decisions
D. diminished legal risk
E. 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.