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 oerning body Credit Card Abuse The legions has recognized a long-standing requisite to consolidate into a ace document, existing guidance and insurance covering the use and focus of the Government Visa bribe beleaguer. The purpose of establishing this program was for trim back administrative costs and former(a) burdens that the acquisition functions may impose on the Federal Government and the private sector. The VISA purchase bankers bill was adopted to sub the paper-based, time-consuming purchase order process, thereby eliminating procurement lead-time, providing consummation cost savings, reducing procurement representation workload, and facilitating payment. Given the fast growth of Visa card use, ensuring that primordial controls ar in place over the program is deprecative 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 accomplishment amo unt, billing calendar method of birth control amount, and merchant code limitations. An authorized purchase is defined as a purchase that satisfies a bona fide requirement at a equitable 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 acknowledgment cards by many employees. An important element to conduct is that fraud is normally committed by or with the economic aid of Government employees.

in that location have been instances of employees creating or fleck in the ownership of outside busin! esses for the purpose of committing fraud or abuse of the card through their ability to make buys with the card. there 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 differentiate use in these cases included home improvement items from The bottom Depot, numerous items from Wal-Mart, laptop computers, Palm... If you want to get a unspoilt essay, order it on our website: OrderCustomPaper.com

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