Describe how you would deal with his ethical dilemma

Assignment Help Cost Accounting
Reference no: EM13182293

John Biggs and Patty Jorgenson are both cost accounting managers for a manufacturing division. During lunch yesterday, Patty told John that she was planning on quitting her job in three months because she had accepted a position as controller of a small company in a neighboring state. The starting date was timed to coincide with the retirement of the current controller. Patty was excited because it allowed her to live near her family. Today, the divisional controller took John to lunch and informed him that he was taking a position at headquarters and that he had recommended that Patty be promoted to his position. He indicated to John that it was a close call between him and Patty and that he wanted to let John know personally about the decision before it was announced officially.

Required:

What should John do? Describe how you would deal with his ethical dilemma (considering the IMA code of ethics in your response).

Reference no: EM13182293

Questions Cloud

Concerning the timing of puberty in males and females : Which statement concerning the timing of puberty in males and females is true?
State a saturated solution of calcium hydroxide : A saturated solution of calcium hydroxide contains .38 grams of calcium hydroxide in each 250 mL of solution. What is the pH of the saturated calcium hydroxide?
Positive psychological benefits from timing of maturation : Who is most likely to enjoy positive psychological benefits from the timing of maturation?
Calculate the concentrations of all species : Calculate the concentrations of all species in a 0.840 M Na2SO3 (sodium sulfite) solution. The ionization constants for sulfurous acid
Describe how you would deal with his ethical dilemma : He indicated to John that it was a close call between him and Patty and that he wanted to let John know personally about the decision before it was announced officially - What should John do? Describe how you would deal with his ethical dilemma (co..
Compute the ph at each point indicated in the titration : Calculate the pH at each point indicated in the titration of 100.00 mL of 0.0755 M NaClO2 with 0.0412 M HCl.
20th or 21st centuries : Select a famous individual from the 20th or 21st centuries. Conduct research concerning the background of your selected individual to determine what forces have impacted his or her life from the viewpoint of developmental psychology.
Prepare quarterly production budgets for each quarter : The January 1, 2014, inventory of HD-240 is 2,000 units. Management desires an ending inventory each quarter equal to 40% of the next quarter's sales. Sales in the first quarter of 2015 are expected to be 25% higher than sales in the same quarter ..
What evidence supports ralph under each theory : Ralph came to you, his lawyer, for advice and redress. He tells you his story and asks what he can do. You patiently explain to Ralph there are two theories of sexual harassment to pursue. What are they? And what are the elements of each theory..

Reviews

Write a Review

Cost Accounting Questions & Answers

  Statement of cash flows

Johnstone Manufacturing Company has used the double-declining balance method to depreciate its machinery. During the present year, management switched to the straight-line method because they felt that it better shown the utilization of the assets..

  Classical analysis of misinformation in management

Indicate the most negative potential impacts on business operations related to these assumptions. Provide support for your rationale.

  Tax preparation and information consulting

The managing partners are located in Chicago. YOUCPA also provides tax preparation and information consulting to customers and is an approved PCOAB audit firm.

  Capitalize on a unique investment opportunity

The bank will charge a 2 % finance charge on the amount of receivables transferred. The bank will collect receivables straight from customers. The sale criteria are met.

  Evaluate what is progressive''s cost of equity

Evaluate what is Progressive's cost of equity and corporate cost of capital now and show the value of Progressive, with and without costs of financial distress, as a function of the amount of debt. Why do the lines differ in shape?

  Find the labor efficiency variance

The standard costs and actual costs for direct materials, direct labor, and factory overhead for the manufacture of 2,500 units of product and find the labor efficiency (quantity) variance

  Analyses test market economic

Provide the revised figures in the Payoff Table below complete the evaluation for the five EMV's. Show your logic and calculations and evaluate the BatesManor dollar sales at retail prices in their average store. Describe your reasoning and state a..

  Evaluate the effect of the purchase

Evaluate the effect of the purchase of the additional 20,000 units of Halenol and the payment due Chris Padgett. Show briefly the ethical dilemma that McQueen faces in deciding whether or not to purchase the additional units.

  Support recommendation to board of directors

As the company accountant you must give the necessary information to support your recommendation to Board of Directors.

  Calculate the companies predetermined overhead application

Calculate the companies predetermined overhead application rate and calculate the additions to the work-in-process inventory account for the direct material used, direct labor and manufacturing overhead.

  Find kathys correct filing status

Find Kathy's correct filing status is Head of Household - what are the needs for Kathy to claim an educator expense adjustment?

  How revenue sources are planned and budgeted in nonprofits

What are some typical key assumptions that must be made in the "revenue sources" budgeting process of nonprofits, and what could cause these assumptions to be invalid?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd