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In America, goods can be purchased with U.S. minted coins and dollars. Alternate funds can be checks, debit cards, gift cards and the EBT card which was once called food stamps.

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12y ago

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Which document can be used to initiate a request for goods or services and record a commitent of funds in GFEBS?

A Purchase Requisition (PR) document can be used to initiate a request for goods or services and record a commitment of funds in GFEBS.


Which document can be used to record the award of a contract and the obligation of funds in GFEBS?

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Is a debit card a credit card?

No - a credit card allows the user to purchase goods up to an agreed limit - and pay the money back over an extended period of time,A debit card can only be used to purchase goods provided there are sufficient funds in the linked account to pay for the transaction. Think of a debit card like 'electronic cash' - you can only spend what's there !


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Purchase Order (PO)


Which document can be used to record the award of contract and the obligation of funds in GFEBS?

Purchase Order (PO)


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How do firms purchase or pay for the labor that they used to produce their goods and services?

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Does a cash card be used to purchase goods without having to carry cash?

No, just a card