Imagine that a company maintains two separate accounts payable computer systems. One is known to all the users and is used to process payments to vendors. The other is only known to top management, the internal audit staff, and the Board of Directors of the company, and is accessed to cross-check vendors against an approved vendor list.
Discuss the ethics involved with employing a second “secret” accounts payable system. Is it a good business practice? Explain. Use references.
