You have been talking to your co-worker about a document you just sent to a supplier. The document contains your offer to purchase 50 gallons of lubricating oil and has the terms and conditions of the purchase printed on the document. The document is legally binding if the supplier accepts it. This document is a… Purchase order Purchase requisition Planned order release Material requisition Many companies and state governments are beginning to pursue centralized purchasing of supplies. Which of the following are true with respect to centralized versus decentralized purchasing? Centralized purchasing can lead to greater quantity discounts Centralized purchasing leads to local sourcing Decentralized purchasing uses a common supply base Decentralized purchasing reduces the duplication of activities