👉 Mispurchasing is a concept in accounting that refers to the act of purchasing items or services without having a valid reason for doing so. This could include buying goods or services at a lower price than the market value, even if it means taking advantage of discounts or promotions, or making purchases with credit cards instead of cash. Mispurchasing can be seen as an unethical practice because it undermines the principle of fair and transparent transactions. It also raises questions about the reliability of the source of the
