consider each of the following two budget-related scenarios.Do you think what is being done is ethical?Is it fraudulent?What are the ramifications of this behavior to the company (i.e. is the company harmed in any way)?What can companies do to prevent these types of activities from happening?Have you ever experienced ethical situations in your jobs that stem from the budgeting process

consider each of the following two budget-related scenarios.Do you think what is being done is ethical?Is it fraudulent?What are the ramifications of this behavior to the company (i.e. is the company harmed in any way)?What can companies do to prevent these types of activities from happening?Have you ever experienced ethical situations in your jobs that stem from the budgeting process

PatrickworksforMcGill'sComputerRepair,ownedandoperatedbyFrank McGill.Asacomputertechnician,Patrickhasgrownaccustomedtofriendsand familymembersaskingforassistancewiththeirpersonalcomputers.Inaneffort toincreasehisincome,Patrickstartedapersonalcomputerrepairbusinessthathe operatesoutofhishomeonaparttimebasis,workingeveningsandweekends. BecausePatrickisdoingthis"ontheside"forfriendsandfamily,hedoesnotwant tochargeasmuchasMcGill'schargesitscustomers.WhenFrankMcGillassigned Patrickthetaskofdevelopingthebudgetforhisdepartment,Patrickincreased theamountbudgetedforcomputerparts.Whenthebudgetwasapproved,Patrick purchasedasmanypartsasthebudgetallowed,evenwhentheywerenotneeded. Hethentooktheextrapartshometouseinhispersonalbusinessinaneffortto keephiscostsdownandprofitsup.Sofar,nooneatMcGill'shasaskedaboutthe partsexpensebecausePatrickhasnotallowedtheactualamountspenttoexceedthe budgetedamount