"the application of quantitative techniques to purchasing data in an effort to better understand spending patterns and identify opportunities for improvement" is the definition of

a. maverick spending.

b. industry analysis.

c. spend analysis.

d. core analysis.

Spending analysis would use data to analyze purchasing data.

income statement is prepared in order to show the profits and loss of a business. in order to prepare the income statement she should collect all the income and expenses of the product with the cost of production.