Who is authorized to approve Purchase Requisitions in GFEBS?

The correct answer is that designated approvers, such as supervisors or budget managers, are authorized to approve Purchase Requisitions in GFEBS. This aligns with the structured processes put in place to ensure that financial commitments and expenditures are properly managed and monitored within the organization.

In GFEBS, the approval process is designed to delegate authority to specific individuals who are typically in positions of responsibility or have a clear understanding of the budget constraints and needs of their departments. This decentralization of authority helps streamline the procurement process while ensuring that purchases align with the organization’s financial objectives and regulatory compliance.

The involvement of designated approvers facilitates accountability because these individuals are often familiar with the resources they are managing and can make informed decisions regarding expenditures. This system helps to prevent unauthorized spending and reinforces a checks-and-balances approach within the procurement process.

Overall, the structure of having designated approvers fosters a responsible and efficient purchasing environment, which is essential for effective financial management and operational efficiency in organizations using GFEBS.