To think critically about: Why it is important to assess the intentions of the interviewer if you are asked an illegal interview question? Introduction: Some questions asked in interviews are illegal which will discriminate against some candidates. For example, questions relating to gender identity, pregnancy, sexual orientation, etc.

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Chapter 14, Problem 14CT

Summary Introduction

To think critically about:

Why it is important to assess the intentions of the interviewer if you are asked an illegal interview question?

Introduction:

Some questions asked in interviews are illegal which will discriminate against some candidates. For example, questions relating to gender identity, pregnancy, sexual orientation, etc.

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Crane Home Improvement Company installs replacement siding, windows, and louvered glass doors for single-family homes and condominium complexes. The company is in the process of preparing its annual financial statements for the fiscal year ended May 31, 2017. Jim Alcide, controller for Crane, has gathered the following data concerning inventory. At May 31, 2017, the balance in Crane's Raw Materials Inventory account was $481,440, and Allowance to Reduce Inventory to NRV had a credit balance of $27,240. Alcide summarized the relevant inventory cost and market data at May 31, 2017, in the schedule below. Alcide assigned Patricia Devereaux, an intern from a local college, the task of calculating the amount that should appear on Crane's May 31, 2017, financial statements for inventory under the LCNRV rule as applied to each item in inventory. Devereaux expressed concern over departing from the historical cost principle. Cost Sales Price Net Realizable Value Aluminum siding $ 82,600 $…

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