Why is annual procurement planning important for a school?

Type: MCQ • Marks: 1

A. It helps consolidate needs, estimate expenditure and choose appropriate procurement methods in time

B. It guarantees the cheapest price

C. It eliminates budget controls

D. It permits purchases without sanction

Explanation

Procurement planning supports efficiency, timely purchasing and better financial management.

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UPSC Principal & Vice Principal Management Finance Administration

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