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Continental Condiments is a large food products firm in Pa. Its sales staff has a strong incentive plan tied to meeting 1/4ly budgets. On 6/25,
Continental Condiments is a large food products firm in Pa. Its sales staff has a strong incentive plan tied to meeting 1/4ly budgets. On 6/25, Maria Tuzzi, a divisional controller, learns that some of the sales staff asked customers to take delivery of sizable quantities of products before 6/30. The customers were told they could return the products after 7/1 if they determined the items werent need. (This is channel stuffing.) The sales staff also offered to reimburse the customers for any storage costs incurred.
- From the viewpoint of the IMAs Statement of Ethical Professional Practice what are Marias responsibilities? (List each standard and briefly discuss how it applies to Marias responsibilities in this case.)
- What steps should Maria take to resolve this problem?
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