Accounting Glencoe Accounting: 5th Edition   Glencoe Online
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Chapter 15: Accounting for Purchases and Cash Payments

Study Plans

Chapter 15 Study Plan

Self-Assessment Quizzes

Chapter 15, Section 1, Purchasing Items Needed by a Business
Chapter 15, Section 2, Analyzing and Recording Purchases on Account
Chapter 15, Section 3, Analyzing and Recording Cash Payments

Extend: A Matter of Ethics

Chapter 15: Showing Favoritism, p. 407

  • Purchasing professionals encounter a variety of ethical issues as they work with vendors and suppliers. Businesses and organizations often have codes of ethics to provide guidance to their purchasing agents.
  • Visit one of the university Web sites below to review its purchasing ethics guidelines.

  • Summarize your findings in a brief written report. Include the types of activities that are prohibited, what procedures must be followed, and how conflicts of interest are handled.

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