The ethics trap that is faced here would be contemplating to accept the reallocation because rejecting it may mean trouble and even lead to a lose of our jobs.
<h3>What is meant by ethical trap?</h3>
This is the term that has to do with the circumstances that may lead an individual to do away with the core values and the principles that they have. The trap here is that I may lose my job or may not have any bonus but accepting is going against the ethics and the values that I may hold special.
What should have been in this situation would have been to come clean in the first place so as to avoid going against ethics and the principles of the profession. The best way to do this would be to go to the head of division and explain the situation at hand to him.
Hence we can say that The ethics trap that is faced here would be contemplating to accept the reallocation because rejecting it may mean trouble and even lead to a lose of our jobs.
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Answer:
$352,000
Explanation:
Alpha Company reported the following figures:
Inventory on July 1 = $75,000
Inventory on July 31 = $43,000
Purchases for the month = $320,000
Cost of Direct material used = Inventory on July 1 + Purchases for the month - Inventory on July 31
Cost of Direct material used = $75,000 + $320,000 - $43,000
Cost of Direct material used = $352,000
A. Investment percentages and maturity delegations
Answer:
a. Debit to Bad Debts Expense of $26,600
Explanation:
The computation of the bad debt expense is shown below:
= Allowance for uncollectible accounts - credit balance of allowance for uncollectible accounts
= $31,400 - $4,800
= $26,600
Hence, the first option is correct
