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Question
A transaction in which the organization is making an initial purchase of an item to be used to perform a new job refers to which of the following purchases?
Options:
A .  Straight rebuy purchase
B .  Delayed purchase
C .  New-task purchase
D .  Modified rebuy purchase
Answer: Option C
A transaction in which the organization is making an initial purchase of an item to be used to perform a new job refers to New-task purchase. New task purchase is the one purchase decision that has not been done previously by the business as they didnot have the need for a new product / task.

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