Question: Is it ethical for a manager that is responsible for overseeing a sales department whose compensation is based on the level of sales to be

Is it ethical for a manager that is responsible for overseeing a sales department whose compensation is based on the level of sales to be involved in the preparation of the sales reports? Why or why not? What internal controls should be in place in this situation to avoid fraud from occurring?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Should we evaluate a manager's performance on the basis of controllable or non-controllable costs? Why? Is it ethical; for a manager that is responsible for overseeing a sales department whose...

Please read the business plan given in your book Honest Tea (attached) and answer the following questions a. Name b. Type of business (manufacturing, retail, wholesale, or service) c. Location (city...

Please read the business plan given in Honest Tea (attached) and answer the following questions (due: 22/2/2021) j. How long will it take before the company is profitable? l. Where will the start-up...

:Correctly answer the following questions. Honest Tea Business Plan - December 1998 Executive Summary Honest Tea, a bottled iced tea company, has completed a strong summer of sales in the...

Revvit is an online motorcycle equipment store that sells motorcycle helmets, boots, jackets, and more. With no brick-and-mortar stores, Revvit relies on many systems to provide an excellent customer...

Lube Industries Inc. (Lube) is a retailer and distributor of synthetic motor oil used in heavy-duty commercial applications. The company was incorporated in 1997, beginning with one retail facility...

Part A In the early 1980s, Bernard Hancock built a small brewery on his 150-acre property in the Macedon Ranges. The brewery, named Mountain Mist Brewery, was designed with ales in mind and Bernard...

Canadian Hydraulics Inc. (CHI) is a distributor of hydraulic fluid used in heavy-duty commercial applications. The company was incorporated 20 years ago, beginning with one retail facility in...

The value of the acceleration of gravity at any latitude is given by g = 9.7087(1 + 0.0053 sin2 ) m/s2, where the effect of the rotation of tbhye earth as well as the fact that the earth is not...

A crane that can lift a maximum of 90000N is preparing to lift and move an underwater concrete mooring. The 1.25 m x 1.25 m x 0.450 m concrete block is located in seawater. Verify that the crane is...

The following are gifts that Dr . Smile, a dentist, made throughout the year: A gitt card for sugar - free gum for Phil Eng ( a clent ) 1 7 5 A birthday gift for Ginger Vitis ( a client ) 3 0 Gift...

5. Develop a scenario comparing two PH programs and involving the use of a CBA.

2 Do you ever listen to music while you study? How carefully are you really listening to it? Is it just background noise that you actually tune out?

B If you are able to hear, does it strike you as surprising that in Deaf culture, you might be labeled as deficient in the realm of nonverbal communication? How might this influence how you view your...

4 What kind of meaning might be lost if a poem born in ASL were to be translated into written form? Can a nonsigner truly appreciate the performance of a signed poem?