Max, the president of Maxwell, Inc. decides to take a personal pay cut instead of laying off 10,000 employees. He made this decision because the majority of his employees would benefit by maintaining a job. What view, or ethical principle, did Max use to make this decision? Outilitarian view Orights view Ojustice view O social view
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Ethics have an important place in the organisation and for all the managers and employees in the organisation. Ethics says that how people should behave and their actions.
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- You are the senior accountant for Terrier Company and the Board of Directors is discussing the possibility of implementing a retirement plan for the employees of the company. They have asked for your guidance on whether they should move forward with creating a plan for retirement benefits, and if so, what type of plan would be beneficial to the employees while also creating the least amount of risk for the company (from an accounting and economic standpoint). Prepare a memo to the Board addressing the 3 choices they have: 1) Do not implement a plan 2) Implement a defined contribution plan 3) Implement a defined benefit plan. In your memo you should define each type of plan (DC vs. DB) and describe the pro’s and con’s of each of the 3 choices. Pro/con arguments should be focused on both the impact to the financial statements AND the impact to the employees of the organization (and how that could ultimately hurt or benefit the business). You should use at least 3 outside sources to…You are the senior accountant for Terrier Company and the Board of Directors is discussing the possibility of implementing a retirement plan for the employees of the company. They have asked for your guidance on whether they should move forward with creating a plan for retirement benefits, and if so, what type of plan would be beneficial to the employees while also creating the least amount of risk for the company (from an accounting and economic standpoint). Prepare a memo to the Board addressing the 3 choices they have: 1) Do not implement a plan 2) Implement a defined contribution plan 3) Implement a defined benefit plan. In your memo you should define each type of plan (DC vs. DB) and describe the pro's and con's of each of the 3 choices. Pro/con arguments should be focused on both the impact to the financial statements AND the impact to the employees of the organization (and how that could ultimately hurt or benefit the business). You should use at least 3 outside sources to…You have decided to leave your CPA firm. Using the AICPA rules as a guide, answer the following questions: (1) Can you post some negative comments about your former employer on Twitter? (2) Can you call your former clients and tell them that you are leaving? (3) Can you take their files with you when you go?
- RAJIV: I heard the HR manager say that they offer two supplemental plans, but I only wrote down the profit-sharing plan. Under this type of plan, your account does not depend on the company's performance. This is because when profits are low, the company makes larger less do not set depends _smaller contributions to the plan, and when profits are high, it pays more. However, employers maximum amounts to be paid as contributions. What is the other plan? ERISA SIMONE: The other plan she mentioned is the traditional 401(k) plan the Pension Protection Act RAJIV: Because our employer is a big Fortune 500 company, our plan is voluntary. It takes everyone's in company stock. set RAJIV: Agreed. Thanks for helping me complete my notes! benefits contributions minimum and and heavily invests i SIMONE: Well, I think I have my notes complete. I may need to clarify a few things that will apply just to me, vesting, profit-sharing percentages, and retirement age.Comment on the performance of Bart D’Souza’s company. How is the company doing? He is working at this business part-time. Should he quit his other job and work at this full-time? Should he do the opposite – and exit the business? Or, should he stay the course and see how things unfold? What other kinds of information might you want to know to answer these questions?Nancy John, a bright, female investment analyst about to give a major presentation to a group of bankers supporting a corporate acquisition. After walking in and meeting the bankers before you give the presentation, you're asked by your boss to "be a dear and serve them coffee." Imagine the insult and awkwardness of such a situation-what do you do? Do you carry through with the task, sacrificing your dignity or doing something wrong because you can't afford to lose the job? Or do you speak up? A group of Swiss occupational health researchers have recently started a program of research on illegitimate tasks, or tasks that violate "norms about what can reasonably be expected from a given person" in a job. Question: 1. What do you think of this situation? 2. What might cause supervisors and managers within organizations to allocate these kinds of tasks? 3. Can you explain it based on 'positive reinforcement' behavior and suggest some suggestion?
- P4.6 (LO 1, 2, 5), s Excel Maddie, the owner of a used car dealership, is working on compensation plans for her employees. She is trying to evaluate how a commission-based versus salary-based workforce would affect her bottom line. In considering her options, she finds basic financial information of two companies with similar year-end performance but different compensation plans-perfect examples to help her with her evaluation! Company X uses a commission-based approach, where its sales staff operates exclusively on commission. Com- pany Y, on the other hand, pays its sales staff a flat salary with no commission. Here are the basics for each company. Company X Company Y Current volume 10,000 units 10,000 units Selling price $ 50 $ 50 Variable cost per unit $ 20 $ 10 Fixed costs $100,000 $200,000 Required a. Present a contribution margin income statement for each company at its current volume of sales, and calculate the degree of operating leverage (DOL) for each. b. Utilizing the DOL…EA4. LO 12.2Sara has just taken a job as the middle school assistant principal for an area school district. Prior to this, she was a teacher. She has received the following performance measurements for her first administrative job. Her first order of business is to determine if these performance measurements are short-term goals or long-term goals based on her individual situation. She has completed her administrative degree but has not yet worked as an administrator. Identify each of the following goals as short term or long term. a. Conduct teacher walk-throughs/observations/evaluations for teachers of grades 6 and 7. b. Assist the district’s mission in seeking to educate all youth in the school district. c. Train to become a building instructional leader. Act as building administrator in the absence of the principal. d. Attend meetings with building principals and the administrative team when called to do so. e. Engage all students in a meaningful way, and support teachers and…5. Discrimination in the labor market The following table lists the name, gender, height, and minimum wage 10 people are willing to accept to work as personal assistants at a prestigious law firm. Name Sam Hilary Maria Edison Kevin Simone Rajiv Charles Yakov Ana Height Gender (Inches) M 65 F F M M F M M M F 65 67 72 70 64 71 69 63 70 Minimum Wage (Dollars per week) $302 $328 $349 $370 $382 $401 $426 $443 $468 $489 per week. The lowest wage that the law firm can pay to hire five personal assistants is Suppose the head of the law firm has a preference for tall employees because he thinks it will increase revenue, and thus, he imposes the restriction that all personal assistants hired must be at least 67 inches in height. Under this new regulation, the wage rate the law firm must pay to attract five personal assistants rises by s per week.
- Question 3 Please provide a very detail answer for the below question:- Asma is a junior management accountant at Flower Cloth Ltd. Asma is given the task of compiling a cost-benefit analysis report on whether the company should purchase an expensive new machine from Radi Ltd, where her brother is the new sales manager. Asma did not tell anyone in Flower Cloth about her brother’s new job. In preparing her report, Asma overstates the qualitative benefits and understates the costs associated with this new machine to help her brother make his first sales as the new sales manager. Required: Discuss why and how Asma has deviated from the standards of ethical conduct.According to the 2011 National Business Ethics Survey conducted by the Ethics Resource Center, Generational Differences in Workplace Ethics,83 a relatively high percentage of Millennials consider certain behaviors in the workplace ethical when compared with their earlier counterparts.These include: • Use social networking to find out about the company’s competitors (37%),• “Friend” a client or customer on a social network (36%),• Upload personal photos on a company network (26%),• Keep copies of confidential documents (22%),• Work less to compensate for cuts in benefits or pay (18%),• Buy personal items using a company credit card (15%),• Blog or tweet negatively about a company (14%), and• Take a copy of work software home for personal use (13%). The report further concludes that younger workers are significantly more willing to ignore the presence of misconduct if they think that behavior will help save jobs. a. Choose one or more behaviors and explain why Millennials might view a.…i have this assigment for accounting but i dont understand it. "You have a follow-up question for the boss and need to send an email in response. Do you reply to only the boss or do you reply to the boss and your 35 co-workers? Defend your answer."