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You are an accountant in the budgetary, projections, and special projects department of Fentick Conductor, Inc., a large manufacturing company. The president, Carlos Jones, asks

You are an accountant in the budgetary, projections, and special projects department of Fentick Conductor, Inc., a large manufacturing company. The president, Carlos Jones, asks you on very short notice to prepare some sales and income projections covering the next 2 years of the companys much heralded new product lines. He wants these projections for a series of speeches he is making while on a 2-week trip to eight West Coast brokerage firms. The president hopes to bolster Fenticks stock sales and price.
You work 23 hours in 2 days to compile the projections, hand-deliver them to the president, and are swiftly but graciously thanked as he departs. A week later, you find time to go over some of your computations and discover a miscalculation that makes projections grossly overstated. You quickly inquire about the presidents itinerary and learn that he has made half of his speeches and has half yet to make. You are in a quandary about what to do

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