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- Mr. Balag has been working as accounting staff at ABC Corporation for a year now. Recently the company hired another staff, Miss Lim, to work with Mr. Balag. Miss Lim discovered that Mr. Balag has been committing fraud in the financial reports that he is making. Mr. Balag warned Miss Lim that she should keep quiet and mind her own business. What is the flow of communication between Mr. Balag and Miss Lim? Do you think Miss Lim should report this to their superiors? If you were Miss Lim what will you do?While working as a new employee at the Defense Contracting Audit Agency, you noticed that a fellow employee was studying intensely for the Financial Accounting section of the CPA test. You planned to sit for that test section in two months, and your colleague was sitting for that test section next Thursday. On Thursday evening, you phoned your friend to see how she was doing after the test. She thanked you for being considerate and told you that she was emotionally drained. Nonetheless, she then kept you on the phone for 15 minutes, telling you about the “nasty” Statement of Cash Flows and Consolidation problems she encountered. What is the ethical issue? Did either of you commit a discreditable act under the Code of Conduct?Write memo You are the manager of WhiteOut, a store that sells snowboarding equipment and clothing. You have seven employees. Since you believed that today would be a light day for sales, you asked only one employee to work. However, suddenly, more customers than you had expected showed up, and you and your employee are overwhelmed. You need help—fast. E‐mailing your other employees might not work, since they aren’t necessarily near a computer. In contrast, you know they all have smartphones. The fastest and most trustworthy way to communicate with them is through instant messaging or text messaging.
- You are in your last semester of college and have been looking for a job. You have registered with the placement office and posted your résumé online, but the jobs that are available leave a bit to be desired. In one of your classes you overhear a classmate, Bernardo, talking about an interview he had last week. Bernardo said that he really wanted the job but didn’t think his interview went particularly well. He is currently waiting to hear back from the employer. As Bernardo was describing the position, you thought it sounded very interesting, but you wondered if it would be right for you to pursue the position since Bernardo had found it first. Question: Should you apply for the job? Should you wait until Bernardo hears from the employer?Read the passage and answer the following questions Harry Davis just finished interviewing a candidate to fill another medical billing specialist opening. As the human resources manager for MedEx, a medical billing company, Harry is concerned about the high turnover rate for the specialists. Turnover is very costly for the company, and Harry is trying to identify ways to lower the turnover rate. The candidate he just interviewed asked Harry if any of the specialists worked from home. Harry informed him that they do not right now, but telecommuting may be an option in the near future. MedEx employs more than medical billing specialists in its office located in a busy downtown metropolitan area. Each specialist works on a group of specific accounts, coding medical records and entering them into the computer system. The specialist position requires an intense 3-week training program to learn the coding system, but once they are proficient at their work, the specialists work independently…You must solve all questions.
- TJ is an accountant for HAL, Inc., a footwear and apparel company. The company's revenues and net income have increased by more than 100% over the past three years. During the same period, TJ and the colleagues in the accounting and other departments have not received a raise or salary increase. Frustrated by not receiving a raise while the company has thrived and the top management has received bonuses, TJ has begun submitting expense reimbursements for personal purchases. TJ has a good relationship with their supervisor, and the supervisor simply "signs off" on TJ's expense reimbursements. TJ suspects that the supervisor knows that the submissions are for personal expenses and is "looking the other way" because TJ has not received a raise in the past three years.Could you write down the answer?What do you do if you find yourself in debt? O Stop increasing your debt. O Put the credit cards away. O Pay the minimum or more. O Make on-time payments. O Ask the company to lower interest rate. O Don't spend more than you can afford. O Call a nonprofit company and ask for debt counseling. O All of the above.
- True or False. Senior mange’s duties include to pay people more than the job they are performing is worth.You are an employee working in the accounts office of Ukweli company listed on the Nairobi stock Exchange, and while working late one evening during the week, you realized that you had left your expensive pen in the boardroom at an earlier meeting and, given its value, you went upstairs to look for it. As you approached the door you heard the following discussion which was between the company C.E.O (Chief Executive Office and Brian (a Non -Executive director). “C. E.O: I am deeply concerned that if this fall in profit figures is disclosed in the next annual report, there will be all sorts of problems with the shareholders. We may even lose a number of big investors. Brian (also the cousin of the Chief Executive): (large sigh) Well, I suppose we could always find a way of making them look better. C.E.O: How? I can't see it at all. Brian: Well, we could make them just slightly higher than last year's figures by including the proceeds of the sales of our toothbrush division. C.E O: But…You are in your last semester of college and have been looking for a job. You have registered with the placement office and posted your résumé online, but the jobs that are available leave a bit to be desired. In one of your classes you overhear a classmate, Alex, talking about an interview he had last week. Alex said that he really wanted the job but didn’t think his interview went particularly well. He is currently waiting to hear back from the employer. As Alex was describing the position, you thought it sounded very interesting, but you wondered if it would be right for you to pursue the position since Alex had found it first. Question: Do you have any obligation to tell Alex if you apply for the job?