subject

Richmond, inc., operates a chain of 44 department stores. two years ago, the board of directors of richmond approved a large-scale remodeling of its stores to attract a more upscale clientele. before finalizing these plans, two stores were remodeled as a test. linda perlman, assistant controller, was asked to oversee the financial reporting for these test stores, and she and other management personnel were offered bonuses based on the sales growth and profitability of these page 21stores. while completing the financial reports, perlman discovered a sizable inventory of outdated goods that should have been discounted for sale or returned to the manufacturer. she discussed the situation with her management colleagues; the consensus was to ignore reporting this inventory as obsolete because reporting it would diminish the financial results and their bonuses. required: according to the ima’s statement of ethical professional practice, would it be ethical for perlman not to report the inventory as obsolete? would it be easy for perlman to take the ethical action in this situation?

ansver
Answers: 1

Other questions on the subject: Social Studies

image
Social Studies, 22.06.2019 11:50, arielpraczko1
Which of the following combinations represents the extremes of project organization? a. strong matrix and balanced matrixb. functional and projectizedc. projectized and balanced matrixd. projectized and strong matrixe. strong matrix and functional
Answers: 3
image
Social Studies, 22.06.2019 15:00, augustmarie
In the kingdom of saudi arabia the government controls every aspect of oil production which makes up the majority of the country's economy. while other businesses are owned by individuals, the biggest segment of saudi arabia's economy is oil production. saudi arabia's economy would best be described as a) entirely market. b) almost entirely command. c) a mixture between just market and traditional. d) a mixed economy with large amounts of command.
Answers: 3
image
Social Studies, 23.06.2019 01:40, jojosiwa6
Which of the following is an example of the treatment technique for ocd called exposure and response prevention (erp)? a. callie has a hoarding compulsion. she becomes anxious whenever she has to throw something away; she even keeps stuff that she doesn't need and will never use. her therapist has arranged for callie's unnecessary belongings to be discarded of when she is away from home. b. carrie has an obsessive fear of contamination which has led to compulsive hand washing. her therapist is treating her by making her touch dirty laundry but not allowing her to wash her hands following for increasingly longer periods of time. c. kelly has religious obsessions. she feels that if she doesn't read biblical passages every hour of the day, she will do something evil. her therapist is treating her by having her attend religious services more frequently so that good thoughts will replace the bad ones. d. kerry has an obsessive fear of contamination which has led to compulsive hand washing rituals. her therapist is treating her by forcing her to wash her hands repeatedly, even when she doesn't feel anxious.
Answers: 1
image
Social Studies, 23.06.2019 07:30, abbyhoward9302
What is the best definition of economic data?
Answers: 1
You know the right answer?
Richmond, inc., operates a chain of 44 department stores. two years ago, the board of directors of r...

Questions in other subjects:

Konu
Mathematics, 24.01.2021 21:10