What does adherence to regulations imply for GPC cardholders?

Adherence to regulations for Government Purchase Card (GPC) cardholders signifies that they are required to follow established guidelines and policies. This is crucial for maintaining integrity and accountability in government spending. It ensures that all purchases made using the GPC align with applicable laws, regulations, and agency-specific policies.

Following established guidelines helps prevent misuse and ensures that funds are spent appropriately. It involves compliance with procurement rules, spending limits, and documentation requirements, which collectively safeguard taxpayer resources and promote ethical procurement practices.

The other options imply scenarios that undermine the structured framework provided by regulations. Allowing cardholders to act without oversight or set their own rules would lead to inconsistency and potential fraud, while limiting regulations to only large transactions would ignore the significance of compliance across all purchase activities. Therefore, option B accurately reflects the responsibility and accountability expected from GPC cardholders.