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You and a friend are in the same accounting class. During the first test, you observe that your friend cheated by copying one of her answers from another student (who was unaware of the copying). When the exams are returned, your grade is a B, while your friend's grade is an A.
Required: Discuss the steps you would take to address this ethical dilemma. It is not necessary to state what ethical action you would take, but be prepared to discuss your reasoning for each step.
Suppose that on June 1, Rockin' Gyrations, a disc jockey service, creates a petty cash fund with an imprest balance of $500. During June, Michael Martell, fund custodian, signs the following petty cash tickets:
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