A ___________ occurs when an employee, manager or executive has an undisclosed economic or personal interest in a transaction that adversely affects the organization.

Question

Quizplus · Accepted Answer

A conflict of interest occurs when an individual involved in a transaction has personal or economic interests that may influence their decision-making to the detriment of the organization. This can lead to biased decision-making and can harm the organization. Illegal sale, unauthorized purchase, and financial disclosure are not directly related to the concept of a conflict of interest.

A ___________ Occurs When an Employee, Manager or Executive Has