For Control Purposes, the Quantities of Materials Ordered May Be

question 52

Multiple Choice

For control purposes, the quantities of materials ordered may be omitted from the copy of the purchase order which is:

• A)Forwarded to the accounting department
• B)Retained in the purchasing department's files
• C)Returned to the requisitioner
• D)Forwarded to the receiving department

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Definitions:

Discretionary Responsibility

The expectation for businesses or individuals to take actions that are not mandated by laws or regulations, but are considered ethically correct.

Ethical Responsibility

The duty to conduct oneself and make decisions according to a code of moral principles and values.

Economic Responsibility

The obligation of an organization or individual to make decisions that positively influence the economic well-being of society and stakeholders.

Moral Expectations

The ethical standards and behaviors that society believes individuals or organizations should adhere to.