The principle that different spends may require different procedures, with different levels in the or-ganisational...

Explanation

It's 'delegated authority' - where the authority to spend has been delegated to others, at a 'lower lev-el' in the organisation.

Normally organisational finance or procurement policies will explain how this is to work, often with a written delegation provided by a more senior manager. The authority to spend is invariably a tem-porary permission, which may be withdrawn under certain circumstances eg breach of rules, exces-sive spend, maverick spend, etc.