Outline any benefits to practical solutions

Assignment Help Cost Accounting
Reference no: EM13165073

The business case - Ethics:

Earl Smith is a financial controller with Practical Solutions Pty Ltd, an entity that sells software products to accounting firms and small businesses. At present, Mr Smith is analysing a number of software packages that focus on job costing. He needs to pick one package that he can recommend to his clients. Each software vendor is keen to have their software selected as it will result in a significant increase in sales for their company.

Anita Loo is a salesperson for the software company Dogto Ltd. She has told Mr Smith that he should go to Los Angeles to analyse her company's software package properly, because the programming experts there could give him a thorough demonstration. Ms Loo has also suggested that he take his family, so that he feels relaxed in a foreign country and is in the right frame of mind to undertake his analysis. She also suggests that Disneyland is worth visiting while Mr Smith is over there. Dogto Ltd would pick up the expenses for the trip.

Questions.

a. Outline any ethical issues involved in Mr Smith taking the trip. Relate any ethical issues directly to the facts of the business case.

b. Outline any benefits to Practical Solutions Pty Ltd of Mr Smith taking the trip.

c. How might Practical Solutions Pty Ltd be able to visit Dogto Ltd in Los Angeles without the appearance of favouring Dogto Ltd?

d. What would be the advantages and disadvantages to Practical Solutions Pty Ltd of having a code of conduct?

e. List the principles you would include in a ‘Code of Conduct' for Practical Solutions (PS) Pty Ltd and give a brief description of each. To assist you in determining this, you may like to examine the ‘Code of Conduct' of: the company assigned to the group you were in during Weeks 1 to 4 of session; a government agency; and a university such as ours (UWS) or the University of Newcastle. Remember, PS Pty Ltd is a small to medium enterprise (SME).

Reference no: EM13165073

Questions Cloud

Define the physical interactions of the molecules : Explain the physical interactions of the molecules that lead to proteins falling out of solution in high salt. What is the driving force of protein precipitation?
What is the balanced equation with notations for steam : what is the balanced equation with notations for steam reacting with solid carbon to form the gases carbon monoxide and hydrogen.
You should write each functionality : You should write each functionality from 1-7 in separate functions. You should provide a menu to the user as following:For inputs:
Calculate the molality and molarity of an nh3 solution : Calculate the molality and molarity of an NH3 solution made up of 37.0 g of NH3 in 70.0 g of water. The density of the solution is 0.982 g/mL.
Outline any benefits to practical solutions : Outline any ethical issues involved in Mr Smith taking the trip. Relate any ethical issues directly to the facts of the business case and outline any benefits to Practical Solutions Pty Ltd of Mr Smith taking the trip.
Culturally relevent and anti-bias program : Discuss specific ways in which you can establish and maintain a culturally relevent and anti-bias program in your classroom setting.
Show her to install and used it in my network administration : and show her to install and used it in my network admistaion class
Explain noroborenol the exo and endo forms are created : In the reaction of noroborene to noroborenol, the exo, and endo forms are created. Why exactly is the exo form favored over the endo form
Find the amount of heat transferred : a 486 mL sample of water was cooled from 50C to 10C. assuming a specific heat of 4.184 J/K g and a density of 1.00 g/mL, find the amount of heat transferred.

Reviews

Write a Review

Cost Accounting Questions & Answers

  Compute the amount of the annual instalment

Compute the amount of the annual instalment

  Determine the provided expressions

Determine the provided expressions using the a, b, and c from your birth date.

  Evaluate the cost of direct materials

Evaluate the subsequent amounts for the month of May cost of direct materials used and cost of direct labor used.

  What fringe benefits escape this limitation

Find what fringe benefits are subject to this limitation and what fringe benefits escape this limitation?

  Components of net position for proprietary funds

Which of the subsequent properly portrays the components of net position for proprietary funds?

  Statement of cash flows using the indirect method

statement of cash flows using the indirect method.

  Find what will percentage change in operating cash flow

Evaluate that the degree of operating leverage is 2.90. The output rises to 78,000 units - Find what will the percentage change in operating cash flow ?

  Evaluate the amount of shortage

Explain the circumstances under which the retail inventory method would be applied and the advantages of using the retail inventory method.

  Motor vehicle repair fund

The Motor Vehicle Repair Fund ordered supplies at an predictable cost of $92,000 and the supplies ordered in (1) were received at invoice costs of $91,400; these invoices were approved for payment.

  Floyd report in total on this sale in the second year

How much income must Floyd report in total on this sale in the second year?

  Evaluate the effect on net income

The company has sufficient capacity to produce the additional units. How much is the relevant income effect of accepting the special order?

  Evaluate what is emma''s basis in her partnership interest

Evaluate what is Emma's basis in her partnership interest and find what is Laine's basis in her partnership interest what basis does the partnership take in property transferred by Laine

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!

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