BSBOPS502 Chapter 2

Chapter 2 - 'True' or 'False' Quiz Tick True' if the statement is correct, and 'False' if not. True False Procurement and purchasing are two completely separate functions. The form of employment a person would opt for would be based on what they and their employer would mutually require. By law, all employees in Australia are entitled to terms and conditions that are outlined by the national employment standards. No specific or additional registration is required to copyright your material. Purchasing is a business function that is responsible for buying raw materials, parts, machinery, supplies, and all other goods and services used in the production system. Intellectual property are liabilities that are costly to your business, Purchasing strategies do not need to be communicated. Most of the time, these are already understood and recognised by your staff members. Purchasing strategy must link to organisational objectives. 2 Small purchases are often made from petty cash