What are the consequences of jims choices

Assignment Help Accounting Basics
Reference no: EM131389673

Assessing Internal Controls

As a professional working for a large firm, Jim found himself riding a roller coaster of concern about layoffs. Every few years, top management slashed jobs as work slacked off-only to hire again when things were looking up. So when Jim and his team members noticed that the executives were again meeting behind closed doors, they suspected the worst.

Jim's boss revealed to Jim that his team member Jennifer was slated to lose her job. However, it was made plain that Jim was to keep that information confidential.

Not long after that conversation, Jennifer approached Jim and asked whether he could confirm the rumor mill that she would be laid off.

• What should Jim do?

• With what values is Jim dealing?

• What are the consequences of Jim's choices?

• Would your answer change if Jennifer was a single mother with three young children, who wanted to get a heads start on finding a new job in the community before everyone else who is being laid off? Why or why not?

Requirements:

• Back up your response with research from at least 5 scholarly sources and, in addition, you may use the course required readings.

• Your written paper should be 4-5 pages in length, not counting the title and reference pages, which you must include.

• Your paper must be formatted according to CSU-Global Guide to Writing and APA Requirements.

• Review the grading rubric, which can be accessed on the Module 5 link in the Module folder. Reach out to your instructor if you have questions about the assignment.

Reference no: EM131389673

Questions Cloud

What is the potential liability of envirosearch : Subsequently Westover Hills Ltd. became insolvent. What is the potential liability of Envirosearch and AGFC to creditors of the limited partnership?
Watch the video and read the article : Suggest two (2) possible sanctions that a judicial sanctioning board could impose against a judge who has accepted a bribe while presiding over a case. Describe two (2) techniques that you believe would be appropriate to use for removing a judge g..
Assume that banks lend out all their excess reserves : Assume that banks lend out all their excess reserves. Currently, the legal reserves that banks must hold equal 11.5 billion$. If the Federal Reserve decreases its reserve requirement from 10% to 5%, then there is potential for the whole banking syste..
What liability would kraft have to the creditors : If Johnson Enterprises had been formed as a limited liability company, what liability, if any, would Kraft have to the creditors of Johnson Enterprises?
What are the consequences of jims choices : What are the consequences of Jim's choices? Would your answer change if Jennifer was a single mother with three young children, who wanted to get a heads start on finding a new job in the community before everyone else who is being laid off?
Statements describe perfectly competitive firm : Indicate whether each of the following statements describe a perfectly competitive firm, a monopolistically competitive firm, and/or a monopolist. A firm is producing at the output where MR equals MC and charges the price according to the consumers’ ..
Identify the characteristics of the target audience : BSBADV507 Develop a media plan. Read the advertising brief provided in the Appendices of this Assessment Task. Identify the characteristics of the target audience from the advertising brief. Prepare a detailed consumer profile
How should given assets be distributed : If Bushmill Ventures had been formed as a limited liability company with Gordon, Daniels, and McKenna as members, how should these assets be distributed?
What are the four types of quality costs : What are the four types of quality costs? Under which quality-cost category does the cost of enhancing the proofing process as described above fall?

Reviews

Write a Review

Accounting Basics Questions & Answers

  Revenue expenditures and capital expenditures

Write a short 350 word summary explaining the differences between revenue expenditures and capital expenditures during a useful life and identifying any similarities.

  Describe what the statute of limitations means to a

describe what the statute of limitations means to a taxpayer and the irs. also there are three primary periods or time

  Five steps of hypothesis testing

A researcher plans a study in which a crucial step is offering participants a food reward. It is important that the three food rewards be equal in appeal. Thus, a prestudy was designed in which participants were asked which of the rewards they pre..

  Proportionate consolidation concept

Under the proportionate consolidation concept, which of the following statements is true?

  What is the correct balance of service revenue at may

Duringthe month, one entry for $10 had been posted in error as a debit, instead of a credit, toService Revenue. What is the correct balance of Service Revenue at May 31?

  The higgins company has just purchased a piece of equipment

the higgins company has just purchased a piece of equipment at a cost of 120000. this equipment will reduce operating

  Indicate the division of net income to each partner

Indicate the division of net income to each partner, assuming the income ratio is 50:30:20, respectively.

  Problem using an electronic spreadsheet

Mr. James runs a retail shop. Calculate the net income or net loss in reference to the following transactions that occurred during the month of January. Solve this problem using an electronic spreadsheet.

  Which of the following statements is are false regarding

which of the following statements is are false regarding the direct method of allocating service department costs? the

  Strategic-alternative bundles

Describe the six criteria that strategic-alternative bundles should meet and discuss why it is essential that good bundles have addressed all of the key strategic issues.

  In which system should the firm invest

Net present value: Blanda Incorporated management is considering investing in two alternative production systems. The systems are mutually exclusive.

  Profit and loss

The accompanying is the Trading & Profit & Loss A/c of X Ltd.

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