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22) You are an experienced faculty member for a US university that conducts graduate-level audit training for auditors from banks, insurance companies and government organizations

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22) You are an experienced faculty member for a US university that conducts graduate-level audit training for auditors from banks, insurance companies and government organizations in Africa and Asia. The university charges a standard rate of $40,000 for an all-inclusive 3-week training program (instruction, books and materials). Since you already receive a salary from the university (a fixed cost), you do not receive any additional compensation for travelling to those countries to conduct the training, although your air fare, hotel, a generous food allowance of $100 per day and training supplies (all variable costs) are all paid for by the university. You are also allowed to bring your family members on the trips and you genuinely enjoy conducting these foreign training programs. After one program in an African country, you are approached by the local director of training who gives you an interesting offer in the future, instead of travelling to that country as a representative of the university, you would take vacation time, travel to that country on your own, conduct the usual training program, and receive $30,000 in cash. Since the cost of the air fare, hotel, food per diem and training supplies add up to $10,000, you would be able to pocket $20,000 on your own. You would, however, present yourself as a representative of the university and hand out certificates at graduation containing the official seal of the university Your initial reaction was to politely refuse, stating that accepting such an offer would violate your employment contract and cause you to be fired. The local director responded by saying "Oh, don't worry, we'll keep this arrangement confidential, no one in the US will ever know." Required: Should you accept this offer? Why or why not

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