P card thresholds establish procurement authority for all cardholders in CG.

• A. Payment terms with vendors
• B. Approved vendors list
• C. Credit limits per vendor
• D. Procurement authority for all cardholders in CG

Answer: (D)

P-card thresholds define spending authority. They are the spending limits assigned to each cardholder (per transaction and/or per billing cycle) that authorize purchases without additional approvals. This authority applies across the Coast Guard, meaning cardholders can procure up to those set limits within policy. Thresholds are not about payment terms with vendors, a list of approved vendors, or credit lines with individual vendors. Those are separate controls; thresholds specifically grant the purchasing authority to act within the allowed dollar amounts.