User Account

All Pages

Do you consider this behavior to be ethical

Assignment Help Accounting Basics
Reference no: EM13875430

During lunch, the director of the Streets and Parkways Department of Thor City made the following comment: For the past 10 years, I have deliberately overstated my labor and equipment needs by 20 percent when preparing my budget request. I figure that the city council will cut it by 10 percent, and I can use the other 10 percent as slack. If there is money left over, I can always find a way to spend it.Do you consider this behavior to be ethical? If not, what steps might you, as budget director, take to cut down on this padding?

Reference no: EM13875430

Questions Cloud

How do you know that pressure is held constant : What happened to the volume of gas when the syringe was submerged in each water bath? Using the concepts discussed above, describe why this occurs, keeping in mind the definition of temperature.
Estimate the degree of market saturation for given location : What are the implications of the growth of combination stores and food-based superstores on the conventional supermarket and Explain how a supermarket retailer can estimate the degree of market saturation for a given location
What if the fabrication division had excess capacity : What if the Fabrication Division had excess capacity? How would this change the indicated transfer price? Why is the amount you determined considered an appropriate transfer price?
What marketing strategies would you establish : What marketing strategies would you establish to this effect & why would you think that Virgin brand would be successful in this already developed market
Do you consider this behavior to be ethical : Do you consider this behavior to be ethical? If not, what steps might you, as budget director, take to cut down on this padding?
Determine the productivity and personnel costs per employee : Calculate economic profit that could be more appropriate for service firms. Determine the productivity per employee, personnel costs per employee, and economic profit per employee.
A country club operated a successful bar lounge : A country club operated a successful bar lounge that golfers often visit after they finish their golf rounds for drinks. The club also sold warm snacks to these golfers. The overhead of the food operation, however, seemed to be disproportionate. A ne..
Gore purpose is conscious capitalism delivering : 1. Does TOMS buy one give one away model make it a more ethical company than a traditional shoe manufacturer donating money to a charity? Why?
Factory overhead cost budget for the press department : Pine Knoll Wood Products Company prepared the following factory overhead cost budget for the Press Department for February 2008, during which it expected to require 10,000 hours of productive capacity in the department:

Reviews

Write a Review

Accounting Basics Questions & Answers

  Describe the apparent differences in the order of

describe the apparent differences in the order of presentation of the components of the balance sheet between ifrs as

  Ivestment securities of 10000 these securities are common

a company reports the following information as of the end of the year. investment securities of 10000. these securities

  Determine the amount of depreciation expense to be recorded

teague company purchased a new machine on january 1 2012 at a cost of 150000. the machine is expected to have an

  No gift tax was paid with respect to the transfer

Henry receives his 20% partnership interest as a gift from a friend. The friend's basis (without considering partnership liabilities) is $34,000. The FMV of the interest at the time of the gift is $36,000. The partnership has liabilities of $10..

  A company is evaluating a project requiring capital

a company is evaluating a project requiring capital expenditure of 620000. estimated life of project is four years and

  Salvage value is expected to be zero at the end of each

sanchez corporation is considering three long-term capital investment proposals. relevant data on each project are as

  Wilder company manufactures two models of its banjo the

wilder company manufactures two models of its banjo the basic and the luxury. the basic model requires 10000 direct

  Motoran inc is contemplating the acquisition of a

motoran inc. is contemplating the acquisition of a competitor tortoran corp. for 25 million. motoran market value is 40

  Auditor at local firm when composing the letter

Draft a letter to Apollo Shoes that addresses the following key points; assume the role of an auditor at a local firm when composing the letter.

  Global airlines is considering two alternatives for the

global airlines is considering two alternatives for the financing of a purchase of a fleet of airplanes. these two

  How many pounds of direct material did blue fin use

Blue Fin Co. produces a product requiring 10 pounds of material at $1.50 per pound. Blue Fin produced 10,000 units of this product during 2009 resulting in a $30,000 unfavorable materials quantity variance. How many pounds of direct material did B..

  Straight line depreciation for financial reporting

The financial reporting carrying value of Boze Music's only depreciable asset exceeded its tax basis by $150,000 at December 31, 2009. This was a result of differences between straight line depreciation for financial reporting purposes and MACRS f..

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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