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you have recently been hired to run the accounting department for Ajax Enterprises. Despite increasing sales, Ajax has had financial problems recently. As you review the books for Ajax, you notice some entries which trouble you. Upon further investigation, you discover that the former head of the accounting department was utilizing company funds for his personal use. When you call him to verify this, he admits having taken the funds and tells you that he is in the process of procuring a loan and will pay the entire amount back to Ajax. He asks that you not tell anyone at Ajax or anywhere about this matter since he has just started a new job as Chief Financial Officer for a Fortune 500 company. If he loses the job, it may cause him to not be able to procure the loan and, therefore, ruin his ability to repay Ajax. You know that, if he cannot repay Ajax, the financial result would be severely damaging to its business. What actions if any, will you take? Explain why you have decided to take the course of action you chose.
academic journals present a plethora of trustworthy information for you to explore. as a form of quality control
Dodd -Frank, the Collins Amendment, is intended to ensure that "financial institutions hold sufficient capital to absorb losses during future periods of financial distress.
It has been estimated that about 6,000 phoenix companies operate in Australia, costing government and the community hundreds of millions of dollars per year and impacting on individuals.
Citing Legal Sources
Just over two years ago, Jane bought a rundown coffee shop business and the premises at which the business was carried on. Soon after buying the business and premises, she had the shop refitted.
Conoco's Decision: The First Annual President's Award for Business Ethics
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The United States has the strictest product liability laws in the world today. Why do you think many other countries, particularly developing countries, are more lax with respect to holding manufacturers liable for product defects? Could it be that A..
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