Management accountants working in purchasing must decline gifts from company vendors, because acceptance of a gift might influence or be perceived as influencing their performance or decision analyses.

Question

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Management accountants are required to maintain objectivity and avoid conflicts of interest, and accepting gifts from vendors could compromise their ability to make unbiased decisions. Therefore, they must decline such gifts to avoid any perception of impropriety or favoritism.

Management Accountants Working in Purchasing Must Decline Gifts from Company