Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

As the accountant, you are entering accounts payable into the accounting software using an Excel file submitted to you by a vendor. You notice that

As the accountant, you are entering accounts payable into the accounting software using an Excel file submitted to you by a vendor. You notice that the total amount on the Excel file does not include all of the subtotal amounts owed to the vendor. Several of the rows showing amounts owed were not included in the invoice amount. You bring this error to the attention of your supervisor. They comment back to you stating it was their error, pay the incorrect amount, and do not notify the vendor of the error. 


a) Describe the ethical dilemma that you are faced with. 


b) Who is impacted by your decision(s)?


c) What would you do in this ethical dilemma

Step by Step Solution

3.45 Rating (155 Votes )

There are 3 Steps involved in it

Step: 1

I am faced with an ethical dilemma because I am the accountant and must ensure that all of the numbers add up In this situation the account payable fi... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Statistics Data Analysis And Decision Modeling

Authors: James R. Evans

5th Edition

132744287, 978-0132744287

More Books

Students also viewed these Management Leadership questions

Question

Explain the concept of independent events.

Answered: 1 week ago