Management Accountants Working in Purchasing Must Decline Gifts from Company

question 109

True/False

Management accountants working in purchasing must decline gifts from company vendors, because acceptance of a gift might influence or be perceived as influencing their performance or decision analyses.

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Definitions:

Construct Validity

The degree to which a test measures what it claims, or purports, to be measuring.

Criterion Validity

The extent to which a measure is related to an outcome or criterion that it is supposed to predict.

Internal Consistency Validity

A measure of the reliability of a test or scale, indicating how well the items on the test measure the same construct or concept.

Content Validity

The extent to which a test measures all aspects of the concept or content it intends to measure.