Supplier SUP of the packaging covers is participating in the tender for packages provision to...
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Accounting
Supplier SUP of the packaging covers is participating in the tender for packages provision to the Company PackBack (CPB). Supplier approached the management accountant of the CPB offers this person an all-expenses-paid week-end at Tay Spa in the mountains of Almaty. The SUP does not mention their participation in the tender organized by the CPB when extending the invitation. The management accountant is not a personal friend of the supplier. This management accountant knows cost issues which are critical for the purpose of the approving the new winner of the tender. The management accountant is concerned that the SUP will ask for details about the bids placed by competing packaging companies. Advise what actions should management accountant undertake?
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