Question

Assume that the president gives you, a financial analyst, a major promotion to Vice President -...

Assume that the president gives you, a financial analyst, a major promotion to Vice President - Finance that was not expected, and that you may or may not deserve. The president then calls you into his office to tell you that the company may not reach its financial plan this year. He then asks you to manipulate some accounting entries to assure the company meets its target.   If you do what the president requests, you will have violated the ethical standard of:

A.objectivity.

B.confidentiality.
C.

integrity.

D.credibility.
E.

unified behavior.
Business   Accounting   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

In the given case a position i.e,a financial analyst, a major promotion to Vice President - Finance which is not expected and may or may not deserve shall have a traits like objectivity , confidentiality, integrity, credibility, independancy etc.

However as per the situation given , financial analyst action on president requests by manipulating accounting entries to assure the company meets its target . This shows that he violated the ethical standard of INTEGRITY majorly as he majorly done the actions which is against to moral and ethical principles, dishonesty , and right things.

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Turnkey Corp You are the financial vice-president of Turnkey Corp, a large manufacturer of consumer durables...
Turnkey Corp You are the financial vice-president of Turnkey Corp, a large manufacturer of consumer durables that is considering expanding into two developing countries. Azmenistan and Turgistan recently split off from the former Soviet Union and may provide opportunities for both manufacturing and sales for your company. While the two countries have similar backgrounds and current GDPs, they differ substantially in economic policies. Because of limited resources, your company can only expand into one country. You would like to invest...
You are one of five partners and a vice-president in Performance Evaluation, Ltd. (PEL), a mid-size...
You are one of five partners and a vice-president in Performance Evaluation, Ltd. (PEL), a mid-size consulting firm that specializes in evaluation, assessment and engineering analysis. Your firm’s chief clients are the U.S. Department of Energy, the U.S. EPA, and various state government energy and environmental agencies. Most of your work involves technical and policy analysis, prospective and retrospective. Illustrative recent projects include: (1) a major three-year study estimating the cost and available technologies for cleaning up hazardous waste at...
Your airline has been offered the opportunity to partner with a major carrier at your regional...
Your airline has been offered the opportunity to partner with a major carrier at your regional hub. This carrier is a profitable company with a history of good passenger service and safety. As a dual-designated carrier, you would share your flight schedule codes with your partner so the codes could be listed in its computer reservation system and published schedules. You would thus become the spoke operation for smaller communities. Although a feeder carrier sacrifices some autonomy, sales increase. Currently,...
YOU have graduated from Deakin and have joined a major financial advice firm in the city....
YOU have graduated from Deakin and have joined a major financial advice firm in the city. The boutique firm is known for its famous clients, many of whom are celebrities and their respective family and friends. As a young graduate you went through a difficult selection criterion to successfully fill a very sought-after and competitive position as an adviser. Don Richardson is the executive and top senior adviser at the firm and takes time to personally mentor and train new...
Choose best options and explain Your airline has been offered the opportunity to partner with a...
Choose best options and explain Your airline has been offered the opportunity to partner with a major carrier at your regional hub. This carrier is a profitable company with a history of good passenger service and safety. As a dual-designated carrier, you would share your flight schedule codes with your partner so the codes could be listed in its computer reservation system and published schedules. You would thus become the spoke operation for smaller communities. Although a feeder carrier sacrifices...
QUESTION 1 1. Brianna is trying to increase her chances of being promoted to vice president...
QUESTION 1 1. Brianna is trying to increase her chances of being promoted to vice president by working to build good work relationships with other managers outside her own department. Brianna's behavior should be viewed as dysfunctional politics. functional politics. coercive power. functional influence. 2 points QUESTION 2 1. The Gingerbread Factory has a separate unit that makes their chocolate crunch cookies and another unit that is completely responsible for all operations in producing their ginger snap cookies. The Gingerbread...
Discuss ethical issues that can be identified in this case and the mode of managing ethics...
Discuss ethical issues that can be identified in this case and the mode of managing ethics Enron finds itself in this case. How would you describe the ethical culture and levels of trust at Enron? Provide reasons for your assessment. THE FALL OF ENRON: A STAKEHOLDER FAILURE Once upon a time, there was a gleaming headquarters office tower in Houston, with a giant tilted "£"' in front, slowly revolving in the Texas sun. The Enron Corporation, which once ranked among...
What role could the governance of ethics have played if it had been in existence in...
What role could the governance of ethics have played if it had been in existence in the organization? Assess the leadership of Enron from an ethical perspective. THE FALL OF ENRON: A STAKEHOLDER FAILURE Once upon a time, there was a gleaming headquarters office tower in Houston, with a giant tilted "£"' in front, slowly revolving in the Texas sun. The Enron Corporation, which once ranked among the top Fortune 500 companies, collapsed in 2001 under a mountain of debt...
Read the attached articles about the proposed merger of Xerox and Fujifilm. Utilizing your knowledge of...
Read the attached articles about the proposed merger of Xerox and Fujifilm. Utilizing your knowledge of external and internal analysis, business and corporate strategy, and corporate governance, please discuss the following questions: 1. What is the corporate strategy behind the merger of Xerox and Fujifilm? 2. Why did Xerox agree to the merger? Is this a good deal for Xerox? Discuss the benefits and challenges they face with the merger. 3. Why did Fujifilm agree to the merger? Discuss the...
During the trial, lawyers for the accused said that the men believed that the accounting decisions...
During the trial, lawyers for the accused said that the men believed that the accounting decisions they made were appropriate at the time, and that the accounting treatment was approved by Nortel’s auditors from Deloitte & Touche. Judge Marrocco accepted these arguments. Marrocco added he was “not satisfied beyond a reasonable doubt” that the trio (i.e., Dunn, Beatty, and Gollogly) had “deliberately misrepresented” financial results. Given the facts of the case, do you believe Judge Marrocco’s decision was justified? Explain....
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT