Chapter 15: Accounting for Purchases and Cash Payments
Study Plans
Chapter 15 Study Plan
Self-Assessment Quizzes
Chapter 15, Section 1, Purchasing Items Needed by a Business
Chapter 15, Section 2, Analyzing and Recording Purchases on Account
Chapter 15, Section 3, Analyzing and Recording Cash Payments
Extend: A Matter of Ethics
Chapter 15: Showing Favoritism, p. 407
- Purchasing professionals encounter a variety of ethical issues as they work
with vendors and suppliers. Businesses and organizations often have codes of ethics
to provide guidance to their purchasing agents.
- Visit one of the university Web sites below to review its purchasing
ethics guidelines.
- Summarize your findings in a brief written report. Include the types of activities
that are prohibited, what procedures must be followed, and how conflicts of interest
are handled.
