Indiana University Institutional Policy - Documentation
SUBJECT: Documentation
SOURCE: University Purchasing Department
POLICY NO: P - 5.7
DATE ISSUED: February 18, 1992
RATIONALE:
Indiana University has an obligation to its constituents to provide an accurate audit trail of all its purchasing activities.
POLICY:
All procurement transactions will be properly coded, documented and filed to identify the purchasing process and decision rationale. Documentation will be maintained under state record retention requirements.
DEFINITIONS:
PROCEDURE REFERENCE:
CROSS REFERENCE:
RESPONSIBLE ORGANIZATION:
Purchasing Department