Title: Government Credit Card Abuse / Comment: Someone could better benefit from this essay by adding citations. I wrote this based on personal knowledge on the job.

g overning body Credit Card Abuse The phalanx has recognized a long-standing requisite to consolidate into a wizard document, existing guidance and insurance covering the use and c are of the Government Visa bribe flier. The purpose of establishing this program was for trim down administrative costs and former(a) burdens that the acquisition functions may impose on the Federal Government and the private sector. The VISA purchase billhook was adopted to sub the paper-based, time-consuming purchase order process, thereby eliminating procurement lead-time, providing consummation cost savings, reducing procurement index workload, and facilitating payment. Given the fast growth of Visa card use, ensuring that cardinal controls are in place over the program is captious to protecting the administration from fraud, waste, and handle. Employees are to use the purchase card to pay for permit government purchases, subject to an established exercise amount, billing calendar method of birth control amount, and merchandiser code limitations. An authorized purchase is defined as a purchase that satisfies a bona fide requirement at a bewitching and reasonable price. Employees are entrusted with the acquisition of Government billet and are responsible for its proper custody, safekeeping, and accountability. Yet, there has been reported abuse of these reference work cards by many employees. An important element to charter is that fraud is normally committed by or with the suffice of Government employees.

in that location have been instances of employees creating or shape in the ownership of o utside businesses for the purpose of committ! ing fraud or abuse of the card through their ability to make buys with the card. thither were five cases of fraud, which totaled over $660,000 of numerous purchases, made over a period of several months to more than two years. Items that were purchased for personalised use in these cases included home improvement items from The stern Depot, numerous items from Wal-Mart, laptop computers, Palm... If you want to get a near essay, order it on our website: OrderCustomPaper.com

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