easy5 pts · first answer countsinternal-controlsfraud-riskcorruption

Declaring a conflict of interest

Why do many companies ask staff in purchasing to sign an annual conflict-of-interest declaration?

A.So that the company can avoid paying GST on purchases from related suppliersB.So that staff agree not to take any leave during the procurement seasonC.So that the declaration replaces the need for competitive quotationsD.So that links with suppliers are disclosed and they are kept out of related decisions

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Declaring a conflict of interest

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