Dc 6

Please describe a time when you were faced with a personal dilemma regarding whether to blow the whistle on a wrongdoing. Some examples of a wrongdoing are witnessing cheating on an exam, witnessing someone trying to steal, noticing someone trying to take advantage of another, and completing a project at work without recording time spent in order to meet time constraints. Who were the stakeholders in the situation and how were they impacted by the wrongdoing? How did rationalization encourage the wrongdoer to follow through with their wrongdoing? What did you do and why?

Mr X, head of the accounting department, conducted a meeting with a system professional, Miss Tiffany, to develop a new accounting information system. During this meeting, Miss Tiffany suggested that the best way to start is first to examine the old system, such as reviewing key documents and observing the workers perform their tasks. Then, it can be determined which aspects are working well and which should be preserved. Mr X disagrees with this suggestion. He argues that they have been through these types of projects before and what always ends up happening is that they do not get the new system they are promised; instead they get a modified version of the old system. Miss Tiffany assures him that it will not happen this time. Tiffany is of the view that she just wants a thorough understanding of what is working well and what is not. However, Mr X does not agree with this opinion. His stance is as follows: “I would feel more comfortable if we first started with a list of our…

The head of the accounting department is not satisfied with the implementation of the new system. He believes that the new system will result in job losses for many of the bookkeepers. They are threatening industrial action. In your role as project sponsor, what should you do to resolve the situation?

Appointing a person as your agent via a power of attorney can be extremely important and practical for managing one's financial affairs. This is especially true if someone is away for a significant amount of time (such as on a deployment). However, the person who is appointed as the agent can wreck the principal if bad decisions are made. What qualities should you look for when appointing someone as an agent via a power of attorney and/or a durable power of attorney?

Which of the following would be best considered to be an agency conflict problem in the behavior of the following financial managers? pack to later. O A. Bill chooses to pursue a risky investment for the company's funds because his compensation will substantially rise if it succeeds. O B. Sue instructs her staff to skip safety inspections in one of the company's factories, knowing that it will likely fail the inspection and incur significant costs to fix. OC. Michael chooses to enhance his firm's reputation at some cost to its shareholders by sponsoring a team of athletes for the Olympics. O D. James ignores an opportunity for his company to invest in a new drug to fight Alzheimer's disease, judging the drug's chances of succeeding as low. stv MacBook Air DII DD 888 F9 20 F7 F8 F6 F5 F4 esc F2 F3 F1 &

Oh no! Our expert couldn't answer your question. Don't worry! We won't leave you hanging. Plus, we're giving you back one question for the inconvenience. Here's what the expert had to say: Hi and thanks for your question! Unfortunately it looks incomplete. Please resubmit the question with full requirement of the question . We've credited a question back to your account. Apologies for the inconvenience. Ask Your Question Again 6 of 10 questions left until 11/17/20 Question Hyun Bin opened his computer repair services shop on November 30, 2018. The following transactions happened during the operations of the business since the opening of the shop. Thebusiness uses a calendar accounting period. Dec 1   Hyun Bin deposited P500,000 to the account of the business as initial investment Dec 2    Purchased various computer repair equipment for P250,000, with down payment of P150,000 and the balance to be paid on terms. Dec 3     Bought office supplies for 25,000. Expense…

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Please answer this help! The answer for three thorugh 5 is not 0. The last person to help me on Bartleby got this incorrect!

Q1. Sheila is a managerial accountant who has discovered that her company is violating environmental regulations of a third world country in its production of rubber at a plant in that country. Upper management is unaware of the violation, but her immediate superior is involved. Sheila has discussed this issue with her supervisor, and the supervisor has advised her to remain quiet about the matter. Sheila reasons that she should do nothing because her supervisor is her immediate authority and has more information. Is Sheila correct in her reasoning? A. Yes B. No

Analyze the relationship among risk, opportunity and controls: Craig learns that one of the employees has been doing snow plowing jobs on the side with the company equipment.  Discuss both the financial and legal impacts for the company.  What are the financial and legal risks to the company? Also, discuss at least two (internal) controls could be put in place to detect/deter this activity.

Oh no! Our expert couldn't answer your question. Don't worry! We won't leave you hanging. Plus, we're giving you back one question for the inconvenience. Here's what the expert had to say: Hi and thanks for your question! Unfortunately it looks incomplete. Please resubmit the question with ques in organised form We've credited a question back to your account. Apologies for the inconvenience. Ask Your Question Again 3 of 10 questions left until 1/27/21 Question Glover Company makes three products in a single facility. These products have the following unit product costs:ProductA B CDirect materials $ 35.10 $ 51.60 $ 58.00Direct labor 22.50 25.10 15.90Variable manufacturing overhead 2.30 1.70 1.60Fixed manufacturing overheadUnit product costAdditional data concerning these products are listed below.A B CMixing minutes per unit 1.30 0.80 0.20Selling price per unit $ 81.00 $ 103.40 $ 96.90Variable selling cost per unit $ 2.90 $ 3.40 $ 3.20Monthly demand in units 3100 4400 2400The…

Mr. Arty works for Smile Accounting Firm as a senior accountant. Currently, he is doing a review of rental property compliance testing of rental receipts and expenses of the property owned by the client. He determines that the staff accountants tested only two tenants per property, instead of the three required by the audit program based on materiality considerations. However, to request more information from the client would cause massive delays, and the manager on the engagement is pressing hard for the information now. The manager did approach the client, who stated that she “needed the report yesterday.” The manager reminds Arty that no problems were found from the testing of the two properties, in past years the workpapers called for just two properties to be reviewed, the firm has never had any accounting issues with respect to the client, and he is confident the testing is sufficient. Explain the relationship between the manager’s explanations and the judgment tendencies.

Assume that you are currently working as an accountant, and your manager has to take an unexpected sick leave. Because you did very well in your accounting classes, the Senior Accountant asks you to step up and help with the review of reconciliations. What would be your first step? Maybe you would dive right into it, assuming you would figure out what to do as you moved through all the existing reconciliations, or maybe you would ask for a copy of policies and procedures for this task if any exist, so you could find instructions without asking the Senior Accountant constantly what to do. In addition to reviewing reconciliations, you will need to review disclosures to financial statements. How would you know if all the necessary disclosures were prepared and contained correct information?

None

Matt Holmes recently joined Klax Company as a staff accountant in the controller’s office. Klax Company provides warehousing services for companies in several midwestern cities. The location in Dubuque, Iowa, has not been performing well due to increased competition and the loss of several customers that have recently gone out of business. Matt’s department manager suspects that the plant and equipment may be impaired and wonders whether those assets should be written down. Given the company’s prior success, this issue has never arisen in the past, and Matt has been asked to conduct some research on this issue. Instructions If your school has a subscription to the FASB Codification, log in and prepare responses to the following. Provide Codification references for your responses. a.   What is the authoritative guidance for asset impairments? Briefly discuss the scope of the standard (i.e., explain the types of transactions to which the standard applies). b.   Give several examples of…

Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.

How could Pascal and Super Tech have identified and addressed this risk? What should Pascal do now?  Case - Pascal is the manager of software development for Super Tech. He discovered that Bill, the lead software designer, has announced that he is leaving the company next week. Pascal finds that Bill has accepted a job with Super Tech main competitor. Pascal fear that in his new job, Bill will use technology developed while at the company and disclose the identities of key customers.

How specifically do you contribute to or impact the financial health of your organization? Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.

The CEO of the Baker Inc, wants to implement a new accounting system, to improve work flow through the company’s sales, cash receipts, accounts payable, and cash disbursement procedures. The CEO is, however, concerned about the potential disruption that the implementation will have on operations. In an announcement letter to Baker’s employees, the CEO stated that: “I have contracted Flybynight Consulting Group to do the needs analysis, system selection, and design work. The programming and implementation will be performed in-house using existing IT department staff. The development process will be unobtrusive to user departments because Flybynight knows what needs to be done. They will work independently, in the background, and will not disrupt departmental and internal audit work flow with time consuming interviews, surveys, and questionnaires. This promises to be an efficient process that will produce a system that will be appreciated by all users.” Required: Draft a memo from George…