State two possible negative outcomes to the company

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Reference no: EM131163621

Ethical Considerations. In the process of closing the company books, you encounter a problematic transaction.

One of the company's customers was charged twice for the same project materials, resulting in a $1,000 overcharge.

You immediately notify the controller, whose response is, "Let it go, it happens often. It'll probably balance out on some future transaction."
What should you do?

State two possible negative outcomes to the company if you follow your bosses manner of handling the situation.

Reference no: EM131163621

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