Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

rewrite: Morals and ethics are viewed as a high priority here. Because we are a publicly traded company anything we do affects our shareholders. The

rewrite: Morals and ethics are viewed as a high priority here. Because we are a publicly traded company anything we do affects our shareholders. The main areas I can see that morals and ethics to play are in Finance, Purchasing, and Trade Compliance. In Finance there is always a big push to get our quarterly numbers completed fast to provide those numbers out to the shareholders. Money is always in buckets. We can pull in from the upcoming quarter to make the current quarter look more profitable. I believe there is a fine line on what is ethical in this case. In the purchasing side I see that a purchaser can gain certain perks when buying from suppliers. With a purchase of certain amount, you can get free "swag". Some of these items maybe enticing to some and may lead a purchaser to bump up the amount being purchased to meet this perk even if this amount is not required. There are also suppliers that provide tickets to events or gifts. Our company does not allow for these types of gifts to be accepted. On the trade compliance side of the world here we are closely tied to finance. If

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

Managerial Accounting Tools for business decision making

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

5th edition

470506954, 471345881, 978-0470506950, 9780471345886, 978-0470477144

More Books

Students also viewed these Accounting questions

Question

Discuss the relationship between maintenance and systems design.

Answered: 1 week ago

Question

Create a decision tree for Problem 12.

Answered: 1 week ago