Glencoe Accounting

Chapter 15: Accounting for Purchases and Cash Payments

Extend: Matter of Ethics

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  • Purchasing professionals encounter a variety of ethical issues as they work with vendors and suppliers. Businesses and organizations often have codes of ethics to provide guidance to their purchasing agents.
  • Visit one of the university Web sites below to review its purchasing ethics guidelines.
  • Summarize your findings in a brief written report. Include the types of activities that are prohibited, what procedures must be followed, and how conflicts of interest are handled.
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