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VI. Supplemental Reading / Videos (20 points total, 4 points each)) 1. Assume that you were a business / financial advisor for Grafton Furniture (from
VI. Supplemental Reading / Videos (20 points total, 4 points each)) 1. Assume that you were a business / financial advisor for Grafton Furniture (from the TV episode of The Profit"). From a management accounting point of view, what do you believe were the two most serious issues affecting the profitability of the Company? Discuss your reasons. 2.The New York Times article, The $500,000 Apology described a dishonest IRS agent, who tried to frame an attorney for the Miami News. How did he plan on convicting the attorney? Discuss your reasons. 3.In the New York Times article, The Last Stop for the Assembly Line, innovations in manufacturing are described. Please identify those innovations, and describe why these changes are positive. 4. How does the rule-of-law lead to economic prosperity? Describe briefly. 5. What are the three leading reasons that government officials sometimes turn to corruption
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