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What splitting a purchase?

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Anonymous

9y ago
Updated: 4/6/2022

One person paying half and another person paying half.

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Ashlee Farrell

Lvl 13
3y ago

What else can I help you with?

Related Questions

Is splitting a purchase a Government Purchase Card prohibition?

Yes!


What is Splitting a purchase?

One person paying half and another person paying half.


What are a cardholder's responsibility in the GPC Program?

Splitting what would be a $4,000 purchase into two transactions, each of which falls under the micro-purchase threshold, is:


what are three examples of abuse of the govermentwide commercial Purchase card?

Failing to purchase from mandatory sources, Exceeding the applicable micro-purchase threshold, Splitting requirements to avoid card thresholds.


Splitting purchases to stay under a cardholders single purchase limit is a prudent and efficient business practice permissible by law and regulation?

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Splitting what would be a 4000 purchase into two transactions each of which falls under the micro-purchase threshold is?

Splitting a $4,000 purchase into two transactions to each fall under the micro-purchase threshold is generally considered improper and is referred to as "fragmentation." This practice is often discouraged as it can violate procurement regulations and guidelines intended to promote fair competition and transparency in government spending. It can also lead to potential legal repercussions and undermine the integrity of the purchasing process. Organizations should adhere to established thresholds and consolidate purchases appropriately.


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