Which of the Following Is Not a Policy Defining the Conduct

question 25

Multiple Choice

Which of the following is not a policy defining the conduct of purchasing personnel?

• A) Mileage reimbursement policy.
• B) Ethics policy.
• C) Reciprocity policy.
• D) Policy on contacts and visits to suppliers.
• E) Policies on former employees representing suppliers.

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Definitions:

Adjusting Entries

Financial records made upon the completion of an accounting cycle to allocate gains and deductions to the actual period in which they occurred.

Insurance Expired

Indicates the end of an insurance policy's coverage period.

Chart of Accounts

An organized list of all the accounts in a company’s general ledger, used for classifying and summarizing financial transactions.

Business

An organization or enterprising entity engaged in commercial, industrial, or professional activities.