1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
-Dominant- [34]
3 years ago
5

Sarah, the controller of a large beverage supplier, supervises two employees. Her boss, Vladimir, instructs her to increase the

company's inventory balance for an amount that is material to the financial statements by crediting several small "miscellaneous" expense accounts. She does not understand why he wants her to make these entries but immediately directs one of her staff to make them because she has been instructed to do so. Which of the following statements best describes Sarah's actions?
A. Sarah failed to evaluate a potential ethical issue.
B. Sarah failed to refer the matter to the AICPA ethics hotline.
C. Sarah failed to ensure that her staff was competent to make the entries.
D. Sarah failed to consider the rules of other regulators.
Business
1 answer:
Verizon [17]3 years ago
4 0

Answer: Sarah failed to evaluate a potential ethical issue.

Explanation:

From the question, we are informed that Sarah who is the controller of a large beverage supplier, supervises two employees and that her boss, Vladimir, told her to increase the company's inventory balance for an amount that is material to the financial statements by crediting several small "miscellaneous" expense accounts.

We are further told that Sarah does not know the reason behind this but told one of her staff to make them because she has been instructed to do so.

We can see that Sarah failed to evaluate a potential ethical issue. She didn't evaluate the effect of what she is doing. In this case, what her boss told her to do could be a case of fraud and she just obliged without asking questions which will put her conscience at ease in case anything happens but the fact that she just did it without asking questions or thinking if what she has done is morally right or wrong, it shows that Sarah failed to evaluate a potential ethical issue.

You might be interested in
Correct way to put on body harness?
AfilCa [17]
There are video tutorials online. It might be a lot easier to understand it if you see it, rather than read it. Hope this helps! :)

7 0
2 years ago
Read 2 more answers
Oriole Company issues $200,000, 20-year, 9% bonds at 104. Prepare the journal entry to record the sale of these bonds on June 1,
user100 [1]

Answer:

Dr Cash $208,000

Cr Bonds payable $200,000

Cr Premium on bonds payable $8,000

Explanation:

Preparation of the journal entry to record the sale of these bonds on June 1,

Based on the information given we were told that the company issues the amount of $200,000 at 104 which means the that the journal entry to record the sale of these bonds on June 1 will be:

Dr Cash $208,000

(2,000 × $104)

Cr Bonds payable $200,000

(2,000 × $100)

Cr Premium on bonds payable $8,000

(2,000 ×$4)

Note:-

$200,000/100 =$2,000

3 0
3 years ago
A flood damages a home that is in a community in early stages of participation in NFIP, but are not yet considered a participati
stepladder [879]

Answer:

$10,000

Explanation:

The National Flood Insurance Program (NFIP) allows property owners to buy insurance that protects them from damage caused by floods. But the NFIP is available only in participating communities.

In this case, the owner will receive up to $10,000 because it is covered under the Emergency Plan.

7 0
3 years ago
Adam and Jose are attempting to identify the bundle of product features most likely to attract customers. Jose argues that they
vladimir1956 [14]

Answer:

Conjoint study

Explanation:

A conjoint study is also known as Conjoint analysis, it is a form of market survey or market research that helps a business to know how people interacts with their product and services based on the product's features, functions and benefits.

Conjoint study;

i. Helps to determine the preference level of an individual.

II. It also helps to determine realistic choices of customers or shopping task.

III. Helps to evaluate the psychological factors that consumers use when evaluating different features together.

3 0
3 years ago
Technically, a supply chain stretches from raw materials and parts all the way to customer delivery.
Debora [2.8K]

Technically, a supply chain stretches from raw materials and parts all the way to customer delivery.

The statement is true.

Supply chain management (SCM) is the control of the glide of products and offerings among businesses and locations. this may encompass the motion and storage of uncooked substances, work-in-process stock, completed items, and quit to cease order fulfillment from the point of beginning to the point of intake.

Interconnected, interrelated, or interlinked networks, channels, and node corporations integrate inside the provision of products and services required via quit clients in a supply chain.

Supply-chain control has been described because of the "layout, planning, execution, control, and tracking of deliver chain activities with the goal of creating internet fees, building a competitive infrastructure, leveraging global logistics, synchronizing deliver with a call for and measuring overall performance globally".

<em>Your question is incomplete. Please read below to find the missing content.</em>

Technically, a supply chain stretches from raw materials and parts all the way to customer delivery.​

a. True

b. False

Learn more about Supply chain management here: brainly.com/question/25160870

#SPJ4

5 0
1 year ago
Other questions:
  • Use the information below for Jensen Company to answer the question that follow. Direct materials used $345,000 Direct labor inc
    14·2 answers
  • What was the major financial change between post-World War II borrowers and borrowers after 1970?
    14·1 answer
  • Keeping federal withholding allowances less than 6, in which of the following cases will the amount of federal tax withheld from
    7·1 answer
  • The top managers of an organization typically use a variety of financial indicators to assess the performance of their organizat
    12·1 answer
  • The before-trade domestic price of tomatoes in the United States is $500 per ton. The world price of tomatoes is $400 per ton. T
    5·1 answer
  • give me an example of something you learned from a specific class and described how it will help you be successful in the future
    11·1 answer
  • You pay $75 for a ticket to a Drake concert. You think the ticket is worth $100. The night before the concert your friend offers
    7·1 answer
  • A car dealer leases a small computer with software for $5,000 per year. As an alterative he could buy the computer for $7,500 an
    9·1 answer
  • Knight Company reports the following costs and expenses in May.
    8·1 answer
  • I.       What is meant by derive demand?  a. The demand is derived in beginning economic classes.
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!