You Are a Staff Accountant in the Purchasing Cycle Group

question 10

Essay

You are a staff accountant in the purchasing cycle group at Acme Widgets. Acme manufactures widgets from various metals and has manufacturing plants around the world.
Acme Widgets has come under pressure from various governments, environmental, and humanitarian groups to improve their sustainability practices. You are asked to provide suggestions on incorporating sustainability practices within the purchasing cycle. Prepare an email with your suggestions.

---

Definitions:

Intestate

Describes a person who dies without a will.

Decedent

The deceased person.

Escheat

Property of a decedent goes to the state if not disposed of by a will and if the decedent has no heirs.

Codicil

A supplemental modification of an existing will.