Title: Government Credit Card Abuse / Comment: Someone could better benefit from this essay by adding citations. I wrote this based on personal knowledge on the job.
Date Submitted: 11/08/2003 06:23:17
Government Credit Card Abuse
The Army has recognized a long-standing need to consolidate into a single document, existing guidance and policy covering the use and management of the Government Visa purchase card. The purpose of establishing this program was for reducing administrative costs and other burdens that the acquisition functions may impose on the Federal Government and the private sector. The VISA purchase card was adopted to replace the paper-based, time-consuming purchase order process, thereby
Is this Essay helpful? Join now to read this particular paper
and access over 480,000 just like this GET BETTER GRADES
and access over 480,000 just like this GET BETTER GRADES
determined.
It was determined that management was not effectively utilizing internal reviews and audits to determine whether purchase card internal controls were being effectively implemented. All Government employees must stop the needless loss of taxpayer money by preventing fraud, as well as the conditions that lead to it. Given the rapid growth of purchase cards, ensuring the key controls are in place over the program is critical to protecting the government fraud, waste, and abuse.
Need a custom written paper? Let our professional writers save your time.