Dear Tutors i need help for C1.40 .... thanks in advance :)

36 PART ONE INTRODUCTION TO MANAGEMENT ACCOUNTING 2. Consider the nature of the control system that you could design to report on monthly performance. What types of information do you think may be of interest to Slick and the managing director? Consider boat financial and non-financial data. C1.4 C1.40 (appendix) Disclosure of confidential information; ethics BizSolutions Lid, a developer and distributor of business applications software, has been in business for five LO1 LO1.12 years. The company's main products include software programs used for sales management and customer invoicing. Sales have increased steadily to the current level of $15 million per year, and the company has 250 employees. Carmel Benjamin joined BizSolutions approximately one year ago as accounting manager. Her duties include supervision of the company's accounting team and preparation of the company's financial statements She has noticed that, in the past six months, the company's sales have ceased to rise and have actually declined in the two most recent months. This unexpected downturn has resulted in cash shortages. Compounding these problems, BizSolutions has had to postpone the introduction of a new product line because one of its suppliers, Print Design Lid, has not yet delivered the instruction manuals for the new product. BizSolutions contracts most of its printing requirements to Print Design Lid, a small company owned by Rob McHugh. McHugh has dedicated a major portion of his printing capacity to BizSolutions' requirements, because its contracts represent approximately 50 per cent of Print Design's business. Carmel Benjamin has known Mchugh for many years, and it was Mchugh who first told Carmel that BizSolutions needed a new accounting manager. While preparing the company's most recent financial statements, Benjamin became concerned about its ability to maintain timely payments to its suppliers. She estimated that payments to all suppliers, which were usually made within 30 days, were now exceeding 75 days. Benjamin is particularly concerned about payments to Print Design. She knows that BizSolutions has recently placed a large order with Print Design for printing the new product instruction manuals, and that Print Design will soon be placing an order with its suppliers for the special paper needed for this new job. Benjamin is considering telling Mchugh about the cash problems of BizSolutions, although she is aware that a delay in the printing of the documentation would jeopardise the company's new product. Required: 1. Describe Carmel Benjamin's ethical responsibilities in this situation. 2. Independent of your answer to requirement 1, assume that Carmel Benjamin learns that Rob Mchugh of Print Design has decided to postpone the order of the special paper needed for the BizSolutions printing job; Benjamin believes that Mchugh must have heard rumours about the company's financial problems from some other source, because she has not talked to Mchugh. Should Carmel Benjamin tell BizSolutions' managers that Mchugh has postponed the special paper order? Explain your answer. 3. Independent of your answers to the first two requirements, assume that Rob Mchugh has decided to postpone the special paper order because he has learned of the financial problems of BizSolutions from a source other than Benjamin. In addition, Benjamin realises that Bill Bradbury, purchasing manager of BizSolutions, knows of her friendship with Rob Mchugh. Now Benjamin is concerned that when Bradbury finds out Mchugh has postponed the order he may suspect that she told Mchugh about the financial Source: CMA, adapted problems of BizSolutions. Describe the steps that Carmel Benjamin should take to resolve this situation