Suzette Washington.docx Ans

2
 Suzette Washington, Accounting Major 1. What would you do if you found yourself in a situation similar to that f aced by Suzette in this case? I would say if I were Suzette, I would defini tely repor t it t o manager. Especially, Suzette was an accounting major student. Not only should she repor t, but also she needs t o help the manager building a bett er int ern control mechanism by using her accounting knowledge. But before I reveal Alex and Matt, I prefer to confirm and double check first if they really did some illegal activities like stealing, not only  just follow what Paula t old. 2. Do you believe that it was a  ppropri ate for Suzett e to repor t the alleged thef t ting to a store manager? Would it have been unethical for Suzette not to repor t the rumored thef t ting? I believe is necessary to repor t the alleged thef t thing. As an accounting st udent, Suzette has necessary knowledge and tr aining to discriminate legal and illegal activi ties. Is her obli gation t o reveal ina  ppropriate behaviors or illegal activities in the company. On the o ther hand, If Suzette tried to cover the truth, Alex and Matt mi ght stole more valua  ble stuff and thus got much more stringent penalt ies from the cour t. In this point, the earlier Suze tt e repor ts their activity, the better for Alex and Matt. 3. Accounting majors are preparing to ent er a profession recognized as having one of the s trongest and most rigorously enfor ced ethical codes. Given this f act, do you  believe that accounting majors have a greater responsibility than other business majors to behave ethically? Accounting majors have more  judgmental and ethical knowledge than other business majors, so they definitely have a greater responsibility to behave ethically. 4. Briefly dis cuss internal control activities that might  have prevented the thef t losses suffered by Ber tolinis. My suggestions for Ber tolinis are as follow: Create a comprehensive inventory management mechanism. A periodi cal stock checking is necessary. The act ual inventory, such as...

Transcript of Suzette Washington.docx Ans

Page 1: Suzette Washington.docx Ans

8/2/2019 Suzette Washington.docx Ans

http://slidepdf.com/reader/full/suzette-washingtondocx-ans 1/2

 

Suzette Washington, Accounting Major

1.  What would you do if you found yourself in a situation similar to that f aced by

Suzette in this case?

I would say if I were Suzette, I would definitely repor t it to manager. Especially,

Suzette was an accounting major student. Not only should she repor t, but also she

needs to help the manager building a better intern control mechanism by using her 

accounting knowledge. But before I reveal Alex and Matt, I prefer to confirm and

double check first if they really did some illegal activities like stealing, not only just 

follow what Paula told.

2. Do you believe that it was a ppropriate for Suzette to repor t the alleged thef t ting to

a store manager? Would it have been unethical for Suzette not to repor t the rumored

thef t ting?

I believe it¶s necessary to repor t the alleged thef t thing. As an accounting student,

Suzette has necessary knowledge and tr aining to discriminate legal and illegal

activities. It¶s her obligation to reveal ina ppropriate behaviors or illegal activities in

the company.

On the other hand, If Suzette tried to cover the truth, Alex and Matt might stole more

valua ble stuff and thus got much more stringent penalties from the cour t. In this point,

the earlier Suzette repor ts their activity, the better for Alex and Matt.

3. Accounting majors are preparing to enter a profession recognized as having one of 

the strongest and most rigorously enfor ced ethical codes. Given this f act, do you

 believe that accounting majors have a greater responsibility than other business

majors to behave ethically?

Accounting majors have more  judgmental and ethical knowledge than other business

majors, so they definitely have a greater responsibility to behave ethically.

4. Briefly discuss internal control activities that might have prevented the thef t losses

suffered by Ber tolini¶s.

My suggestions for Ber tolini¶s are as follow:

Create a comprehensive inventory management mechanism. A periodical stock 

checking is necessary. The actual inventory, such as...

Page 2: Suzette Washington.docx Ans

8/2/2019 Suzette Washington.docx Ans

http://slidepdf.com/reader/full/suzette-washingtondocx-ans 2/2