Question
I chose troubled waters, Ethics play an important role in cost accounting. Sometime throughout your career, you will inevitably be faced with an ethical dilemma.
I chose troubled waters, Ethics play an important role in cost accounting. Sometime throughout your career, you will inevitably be faced with an ethical dilemma. For this discussion, we will explore ethical dilemmas and their impact on business and workplace relationships. First, choose one of the cases below:
- An Ethical Dilemma: A Case From the Aviation Industry
- Corporate Policy Toward Vendor Payments: Ethical Considerations and Unintended Consequences
- Cutting Commissaries: Approaches to Downsizing a Government Program
- Sunk Costs: What Costs Do You Sea?
- Troubled Waters: An Outsourced Ethical Dilemma
Note: You do not need to answer the case study questions at the end of the case.
Next, in your initial discussion post, identify, and briefly summarize the case chosen. Then, address the following by working through the three initial steps in the decision-making framework to determine how the ethical conflict should be resolved:
- Clearly outline the problem (ethical dilemma) and its related unknowns.
- Which IMA ethical standard(s) or AICPA principle(s) is/are violated in the chosen scenario as related to the ethical dilemma?
- Identify suitable options and gather relevant qualitative and quantitative information, making informed assumptions as needed.
- Calculate the relevant quantitative and qualitative costs and benefits for each option. Consider the consequences of costs and pricing versus ethics.
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