Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Jane, the store manager of Comfort Futons, notice that the amount of time the two bookkeepers were spending on accounts receivable, accounts payable, and cash

Jane, the store manager of Comfort Futons, notice that the amount of time the two bookkeepers were spending on accounts receivable, accounts payable, and cash receipts was increasing due to the store's increase in sales. A friend of Jane's who is also a store manager suggested that she might want to have some special journal designed that would reduce the amount of work involved in the day-to-day bookkeeping at her store. Jane approached her bookkeepers and asked them to come up with a proposal for special journals. During lunch, the bookkeepers discussed that this would be a lot of work and Bookkeeper A indicated this was not in his job description. Bookkeeper B told him not to worry because she would just copy pages of special journals from her accounting textbook and they could submit them as their own design. They agreed and made plans to scan the journals into word, and submit them to Jane the following morning.

1) Do you think this solution is unethical? Why or why not?

2) In using the special journals from the accounting textbook, what possible problems can you foresee?

3) If you were Jane, how would you respond to the plan?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Handbook Of Energy Audits

Authors: Albert Thumann, Terry Niehus, William J. Younger

9th Edition

1466561629, 978-1466561625

More Books

Students also viewed these Accounting questions