The best way to prevent improper buyer-vendor relationships is to
A) separate the purchasing and receiving functions.
B) have formal written policies and procedures over procurement.
C) have cash disbursements report to the treasurer.
D) permit only purchasing supervisors to select vendors.

Question

Quizplus · Accepted Answer

Formal written policies and procedures over procurement establish clear guidelines and expectations for buyer-vendor relationships, helping to prevent improper conduct.

The Best Way to Prevent Improper Buyer-Vendor Relationships Is to