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Multiple transactions to the same vendor on the same day when the combined total of the orders exceed the Purchasing Card transaction limit of $2,500 is considered splitting purchase transactions. Whether the action is intentional or not, it is a violation of the SC Procurement Code.
If a company splits its stock, there will be no gapping of the stock due to the split itself. A stock split does not materially ... Read Answer >>. All publicly-traded companies have a set number of shares that are outstanding on the stock market. A stock split is a decision ...