Reference no: EM132838410 , Length: word count:2500

This assignment is about the payment processing policy for the university of Sharjah, please follow the below instructions.

You need to follow the following structure:
- Overview
- Scope
- Purpose
- Policy
- Abbreviation and definitions
- Procedures

Overview
Please mention the overview and background about this policy in brief. You can show a summary statement with descriptions of the activities addressed by the policy. You may define unique terms that, by being defined, would add to the reader's understanding of the policy. The statement should be brief which include a basic explanation for the policy.

Scope
Please mention the members of the University community who have the responsibility to adhere to the policy, such as Staff, Faculty and Students. Others governed by the policy may include people working on behalf of the University, visitors, and others involved in certain administrative transactions. Moreover, the policy may concern on things or documents, so please mention the related things for this specific policy.

Purpose
Please mention the reason for the creation of this policy. A concise summary of the objectives may also be given if it helps to clarify the subject matter. The purpose statement should inform readers why the section was issued and what information they will find there.
The purpose of a policy is to:
a) Promote accountability.
b) Direct, regulate and control actions or conduct.
c) Put criteria that allows users to regulate their own conduct in an appropriate manner.
d) Ensure the University is in compliance with applicable legislation.
e) Simplify how the University conducts business.

Policy

- Please take in your consideration when you write the policy that the policy statement is the governing principle, plan, or understanding that guides the action. It states what we do, but not how. The policy statement(s) should be brief, and is supplemented by the information within the rest of the section.
- This part allows for a fuller description of the issues that are being conveyed to the reader. Within this part, headings for each topic or subtopic should be considered in order to help the reader navigate and understand the policy components.
- The policy statement can be defined as:
a) Plan of what to do in a particular situation or set of circumstances.
b) Type of position statement.
c) Document that outlines specific requirements or rules that must be met.
d) Philosophy, a mission, or general objective.

- The policy statement provides a rationale for the policy, including underlying philosophy of the policy and what the policy hopes to accomplish. This part may include a statement of how the policy is related to the institution's core mission and values.
- Policy Statements range from 1-2 sentences to a paragraph in length, depending upon the subject matter.

Attachment:- Policy Template with Instructions.rar