Recognize what makes a situation an ethical dilemma. Provide appropriate responses to ethical challenges in an accounting setting congratulations! You got a new job as a staff accountant for a small, privately owned company. You discover that the company president (and primary owner) has used the company credit card for purchases that are clearly not business related. You to go your supervisor for guidance and receive the following response: Oh, theyve been doing that for years. It used to bother me, but I now I just hope it doesnt get out of hand. Just go ahead and pay it.