Assume that the controller for Southern Food Stores' operations in Louisiana (Exhibit I-1) notes that the inventory

Question:

Assume that the controller for Southern Food Stores' operations in Louisiana (Exhibit I-1) notes that the inventory ratios for the stores in New Orleans are significantly more favorable than those of the other stores in Louisiana. Upon investigation, she learns that the Area Operations Manager for New Orleans has been manipulating the numbers to reflect ratios more favorable than they should be. What is the ethical responsibility of the controller in this situation? What are the possible negative implications for her if she fulfills this responsibility?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Managerial Accounting

ISBN: 9780759314078

6th Edition

Authors: Pierre L. Titard

Question Posted: