Can you summarize the Uniform Commercial Code (UCC) for me? Its use, allowances, who it favours?
What is an example of a potentially unethical accounting situation? Why is the situation unethical? How do ethics affect a company's financial results? Do you think the Sarbanes-Oxley Act has made a difference in the ethical behavior of companies regarding their financial accounting? Why or why not?
Are there some countries/customers that we would simply rather not do business with? I work for a shipping company and we work with local authorities when we are tipped of that someone is shipping something illegal through our system. But, take it a step further - what about items that are legal but may be immoral to others such
If a person is described as virtuous, is this the same as saying that person is moral or ethical? Why or why not? How would you explain the relationship between these three concepts? Provide examples.
Discuss the ethical and professional conduct of Joshua Thorp in applying for the loan from NYC Bank.
I need some assistance with the following scenario: Joshua Thorp opened Laser Co. on January 1, 2011. At the end of the first year, the business needed additional funds. On behalf of Laser, Joshua applied to Vermont National Bank for a loan of $500,000. Based on Laser financial statements, which has been prepared on a cash ba
I need some help with the following scenario: Gianna Tuck is an accountant for Post Pharmaceuticals. Her duties include tracking research and development spending in the new product development division. Over the course of the past six months, Gianna notices that a great deal of funds have been spent ona particular product fo
An ethical issue that often comes up in our often "politically correct" corporate environment today is that of bias. Is anyone of us without our biases? I once heard someone say that, "anyone who says that they aren't prejudiced is a liar." Is that true?
Compare and contrast the following 5 religious and ethical systems: - Christianity - Islam - Hinduism - Buddhism - Confucianism Discuss the economic implications for each one. In other words, discuss the pros and cons of these types of religion in a country and how the benefit or impede doing business there.
What is considered normal practice in one country may be considered unethical in others. In your opinion, are bribes ever acceptable? Why or why not?
I need some help with the following scenario: A new position, which would be a promotion for you, opens at your place of employment. You confide in your colleague Taylor that you are going to apply for the position because you need the extra income. Then Taylor tells your manager that you are only applying "for the money," no
Is spyware ethical? Why or why not? The notion of what constitutes spyware is still a bit unsure. No one quite agrees on a definition, but generally speaking, spyware is software (or, less frequently, hardware) installed on a computer without the target user's knowledge and meant to monitor the user's conduct. Most of the tim
Andrea Pafko, corporate comptroller for Nicholson Industries, is trying to decide how to present "Property, plant and equipment" in the balance sheet. She realizes that the statement of cash flows will show that the company made a significant investment in purchasing new equipment this year, but overall she knows the company's p
Ethical question: Residence Suites operates a regional hotel chain. Each hotel is operated by a manager and an assistant manager/controller. Many of the staff who run the front desk, clean the rooms, and prepare the breakfast buffet work part-time or have a second job so turnover is high. Assistant manager/controller Terry
1) Summarize what is unethical about the actions that Ford took in the Pinto case article. Specifically, they failed to recall the Pinto when they had data that suggested it was dangerous. 2) What you think about their decision to calculate how much they would pay for each death suffered from the dangerous car rather than rec
I need help with answering the following: Identify one ethical dilemma of a specific market player (mortgage companies - in general as a major market player, with examples). - How did this dilemma start? What contributed to this? - What role did incentives, regulation and other relevant factors play in the emergence of the
Case analysis s: DECISION CASE 1-6 IDENTIFICATION OF ERRORS IN FINANCIAL STATEMENTS AND PREPARATION OF REVISED STATEMENTS
ETHICAL DECISION MAKING LO 4,5,8 DECISION CASE 1-6 IDENTIFICATION OF ERRORS IN FINANCIAL STATEMENTS AND PREPARATION OF REVISED STATEMENTS 1. Errors made in preparing the financial statements: a. The recognition of the 2009 season ticket sales as revenue in 2008. Because Lakeside has not provided these fans with any s
Becky Knauer recently resigned from her position as controller for Shamalay Automotive, a small, struggling foreign car dealer in Upper Saddle River, New Jersey. Becky has just started a new job as controller for Mueller Imports, a much larger dealer for the same car manufacturer. Demand for this particular make of car is explod
Conduct online research on a large company to see if you can find their code of conduct. Name two components that stand out to you and how do you think that code of conduct affects that company's culture? Also, conduct online research to find an article on code of conduct. How do you think a code of conduct affects corporate c
Looking a Gift Horse in the Eye. Walter rarely sees his uncle George because George is a devoted world traveler. On January 15,2011, Walter received an envelope that George had mailed to him from Singapore on December 13,2010. The envelope contained a Christmas card from George and 1,000 shares of stock of lavender, inc. in
a. What is the ethical issue? b. What are your options? c. What are the possible consequences? d. What should you do?
I need help with this scenario: Becky Knauer recently resigned from her position as controller for Shamalay Automotive, a small, struggling foreign car dealer in Upper Saddle River, New Jersey. Becky has just started a new job as controller for Mueller Imports, a much larger dealer for the same car manufacturer. Demand for th
Kate Essex is the supervisor of the customer service representative group for Enovelty.com, a manufacturer of novelty items. This group spends its workday answering calls, and sometimes placing calls, to customers to assist in solving a variety of issues about orders previously placed with the company. The company has a rule th
Consider the fictional case of Medical Advisors Management Services (MAMS), a small business that provides the mid-office services for three thousands medical groups (physicians' offices) in the US, Caribbean, Cayman Islands and Canada. They manage patient scheduling and provide on-line payment of bills by both insurance compani
Stan Sewell paid $50,000 for a franchise that entitled him to market software programs in the countries of the European Union. Sewell intended to sell individual franchises for the major language groups of Western Europe?German, French, English, Spanish, and Italian. Naturally, investors considering buying a franchise from Sewel
Mary, along with some other female employees of her company, has petitioned management to increase the length of maternity leave to six months. The management has turned down thier reuest. Answer the following questions: 1. Should Mary and the others accept the decision? Why or why not? 2. Is there anything they can do
I need your opinion on the following question: Immanuel Kant theorized that humans are subjects and not objects. In other words Kant believes that we treat persons as ends within themselves and not means to our own ends. Describe a time where you were treated as a means to someone else's purpose or end and how you felt that i
I need some help with starting on the following assignment: Judge the actions of these companies as legal and unethical, legal and ethical, illegal and ethical, or illegal and unethical? Enron (now defunct) Enron, once hailed as a shining example of corporate excellence, collapsed in late 2001 due to massive accounting
Is ethical compliance a necessity in the workplace or just another nuisance issue? Has the proliferation of federal laws and regulations affected both companies and unions? How has each been impacted?
I have the following assignment that I need help completing: Maximizing the Tuition Deduction Blake maintain a household that include his daughter bianca who is 23 years old and a full time student. using funds from a savings account she inherited from her aunt, Bianca pays for her $5000 college tuition. For the year,
Why has marketing continuously been a focus of concern in regards to both the legal and ethical representation of companies? Do you think this concern is warranted? Why or why not?
Discuss whether or not you think ethical accounting practices are equally important for both public and private companies. Discuss the importance of having a proper accounting system in place and why it is important to understand financial statements.