What is the limit for a commercial source credit card purchase?

Prepare for the Navy 3-M 302 RPPO Exam with flashcards and multiple choice questions. Gain insights and explanations for each question. Ace your exam with confidence!

The limit for a commercial source credit card purchase is set at $5,000. This cap is established to ensure that expenditures remain within a reasonable threshold for most supply and procurement needs while maintaining budgetary control within various departments. By keeping the limit at this level, it allows petty officers and other purchasing officials to manage and make purchases efficiently without requiring excessive levels of oversight for low to moderately priced items. Purchases above this threshold typically necessitate a more formal procurement process, which includes additional approvals and documentation, ensuring greater accountability for larger expenditures.

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