Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The rationalization process involves convincing oneself that what would otherwise be wrong is actually acceptable and perhaps even the right thing to do. Consider the

The rationalization process involves convincing oneself that what would otherwise be wrong is actually acceptable and perhaps even the right thing to do. Consider the following rationalizations:

  • Its okay to take this valuable thing home because Im not getting paid what Im worth.
  • I could get a big raise tomorrow by getting another job anywhere else.
  • Im making a big sacrifice by working at this non-profit so this extra amount on my expense report is a small bonus which doesnt even offset my sacrifice.
  • The big bosses are getting away with so much that this little thing is nothing compared to what theyre doing.
  • This organization is so big; theyll never miss this money.
  • Im in a financial crisis but can easily pay this loan back later.

As the CFO of a non-profit or other organization, what are some ideas you may come up with to counter this type of rationalization? Find a recent example of fraud or unethical behavior to use in your discussion.

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_2

Step: 3

blur-text-image_3

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

Auditing

Authors: Karla M. Johnstone, Audrey A. Gramling, Larry E. Rittenberg

8th International Edition

0538477660, 978-0538477666

More Books

Students also viewed these Accounting questions