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 all overning body Credit Card Abuse The host has recognized a long-standing requisite to consolidate into a one document, existing guidance and insurance covering the use and way of the Government Visa bribe eyeshade. The purpose of establishing this program was for minify administrative costs and former(a) burdens that the acquisition functions may impose on the Federal Government and the private sector. The VISA purchase invoice was adopted to sub the paper-based, time-consuming purchase order process, thereby eliminating procurement lead-time, providing consummation cost savings, reducing procurement view workload, and facilitating payment. Given the fast growth of Visa card use, ensuring that mark controls argon in place over the program is life-sustaining 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 exertion amount, billing calendar m ethod of birth control amount, and merchandiser code limitations. An authorized purchase is defined as a purchase that satisfies a bona fide requirement at a evenhandedly 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 mention cards by many employees. An important element to intend is that fraud is normally committed by or with the answer of Government employees.

in that location have been instances of employees creating or procedure in the ownershi p of outside businesses for the purpose of c! ommitting fraud or abuse of the card through their ability to make buys with the card. in that location 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 distinguish use in these cases included home improvement items from The derriere Depot, numerous items from Wal-Mart, laptop computers, Palm... If you want to get a skillful essay, order it on our website: OrderCustomPaper.com

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