Blake Hudnall is Conosis Incorporated's payroll accountant. During a casual conversation with coworkers, Blake learns that Teagan Vinkovic, a coworker, is deliberately overstating the number of hours worked during each pay period because of a personal economic situation.   Required:   Which ethical guidelines pertain to this situation? What should Blake do with this knowledge?   Note: You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.   Encourage the employee to continue taking care of family needs as they have been   Professional competence and due care in the proper preparation of the payroll and verify externally with the supervisor or manager the actual hours worked   ? Professionalism to the company and ensuring that there is honest and true representation to the costs of the business   A lack of Integrity could make her an accomplice by allowing the transactions to continue overstated.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Blake Hudnall is Conosis Incorporated's payroll accountant. During a casual conversation with coworkers, Blake learns that Teagan Vinkovic, a coworker, is deliberately overstating the number of hours worked during each pay period because of a personal economic situation.

 

Required:

 

Which ethical guidelines pertain to this situation? What should Blake do with this knowledge?

 

Note: You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.

 

Encourage the employee to continue taking care of family needs as they have been

 

Professional competence and due care in the proper preparation of the payroll and verify externally with the supervisor or manager the actual hours worked

 

? Professionalism to the company and ensuring that there is honest and true representation to the costs of the business

 

A lack of Integrity could make her an accomplice by allowing the transactions to continue overstated.

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