When a Purchasing Agent for Intel Is Offered a Bribe

question 72

Multiple Choice

When a purchasing agent for Intel is offered a bribe by a silicon manufacturer salesperson,

• A) a promotion-related ethical issue has been created.
• B) the purchasing agent is free to accept the bribe without consequences.
• C) an ethical issue primarily related to the pricing of products exists.
• D) there is an ethical dilemma for the purchasing agent that is product related.
• E) no ethical issue exists under these circumstances.

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Definitions:

Service Business

A company that provides intangible products or services to customers, as opposed to selling physical goods.

Managerial Accounting

A field of accounting focused on providing information to internal users to aid in decision-making, planning, and controlling operations.

Financial Accounting

The field of accounting that focuses on tracking and reporting the financial transactions of a business, resulting in the creation of financial statements.

Forensic Accounting

Forensic Accounting is the practice of using accounting, auditing, and investigative skills to assist in legal matters and conduct investigations into fraud or financial discrepancies.