I know i did it wrong and would like someone to compare it to

Chapter Notes Attached Files: Chapter 09 Notes.doc (82 KB) Take a moment to review the attached chapter notes which will offer another perspective of the chapter material. Week 10 Discussion: Chapter 9 Case Study. Read the Chapter 9 Case - Budgetary Performance, Rewards, Ethical Behavior provided below. Linda Ellis, division manager, is elevated and rewarded on the basis of budgetary performance. Linda, her assistants, and the plant managers are all eligible to receive a bonus if actual divisional profits are between budgeted profits and 120% of budgeted profits. The bonuses are based on a fixed percentage of actual profits. Profits above 120% of budgeted profits earn a bonus at the 120% level (in other words, there is an upper limit on possible bonus payments). If the actual profits are less than budgeted profits, no bonuses are awarded. Consider the following actions taken by Linda: a. Linda tends to overestimate expenses and underestimate revenues. This approach facilitates the ability of the division to attain budgeted profits. Linda believes that the action is justified because it increases the likelihood of receiving bonuses and helps to keep the morale of the managers high. b. Suppose that toward the end of the fiscal year, Linda saw that the division would not achieve budgeted profits. Accordingly, she instructed the sales department to defer the closing of a number of sales agreements to the following fiscal year. She also decided to write off some inventory that was nearly worthless. Deferring revenues to next year and writing off the inventory in a no-bonus year increased the chances of a bonus for next year. c. Assume that toward the end of the year, Linda saw that actual profits would likely exceed the 120% limit and that she took actions similar to those described in Item b. Conceptual Connection: Comment on the ethics of Linda's behavior. Are her actions right or wrong? What role does the company play in encouraging her actions? Why? Suppose that you are the marketing manager for the division, and you receive instructions to defer the closing of sales until the next fiscal year. What would you do? Submission Guidelines: Each student must submit an original post by Thursday at 11:59pm ET and read and respond to at least two classmates' posts before Sunday at 11:59pm ET. Keep in mind, that you will not see other students' posts until you submit your initial posting. 1220 8&9.docx file . . . Show all O 1:44 PM 5/13/2020