A ___________ Occurs When an Employee, Manager or Executive Has

question 106

Multiple Choice

A ___________ occurs when an employee, manager or executive has an undisclosed economic or personal interest in a transaction that adversely affects the organization.

• A) Conflict of interest
• B) Illegal sale
• C) Unauthorized purchase
• D) Financial disclosure

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Definitions:

Internet Company

A business that primarily operates online, providing products or services through the web.

Merchant Wholesalers

Businesses that buy goods in bulk from manufacturers and sell them, usually in smaller quantities, to retailers or other businesses, but not directly to consumers.

Agents and Brokers

Intermediaries who facilitate the buying and selling process in various markets, often dealing in real estate, insurance, or securities.

Title to Merchandise

The legal right of ownership of goods, indicating that the holder has the right to control the use and disposition of the items.