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Managerial Accounting: The Corners...

7th Edition
Maryanne M. Mowen + 2 others
ISBN: 9781337115773

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BuyFindarrow_forward

Managerial Accounting: The Corners...

7th Edition
Maryanne M. Mowen + 2 others
ISBN: 9781337115773
Textbook Problem
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Ethical Behavior

Consider the following scenario between Dave, a printer, and Steve, an assistant in the local university’s athletic department.

Steve: Dave, our department needs to have 10,000 posters printed for the basketball team for next year. Here’s the mock-up, and we’ll need them in a month. How much will you charge?

Dave: Well, given the costs I have for ink and paper, 1 can come in at around $5,000.

Steve: Great, here’s what I want you to do. Print me up an invoice for $7,500. Hut’s our budget.

Then, when they pay you, you give me a check for $2,500. I’ll make sure that you get the job.

Required:

CONCEPTUAL CONNECTION Is Steve’s proposal ethical? What should Dave do?

To determine

Identify whether the proposal of ST is ethical. Also, explain the actions of Mr. DA.

Explanation

Ethical Behavior:

Ethical behavior includes selecting right, proper and justifiable actions. Behavior depends on the situation whether it is right or wrong, proper or improper; and the decisions made by an individual may be justifiable or unjustifiable.

No, the proposal of ST is not ethical. Mr. DA should not accept the unethical proposal of ST. In the given case, the situation happened with the Mr. DA. Mr. DA is the friend of the author. The author advised DA not to accept the deal...

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