Question
Questions: 1) Review the IMA (Institute of Management Accountants) code of conduct and determine which standards Gabe would violate if he followed the general manager's
Questions: 1) Review the IMA (Institute of Management Accountants) code of conduct and determine which standards Gabe would violate if he followed the general manager's request.
2) What are the steps Gabe should follow in resolving this problem?Check the IMA code of conduct for suggestions.
3) Explain how the general manager's request results in a year-end present to corporate management.You can use journal entries to explain.
4) If adjustments for over or under applied overhead were made monthly instead of at year-end, would that schedule solve this problem?
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