Although John is an honest employee who never takes money from the company cash box, he uses

Question:

Although John is an honest employee who never takes money from the company cash box, he uses the company car to run personal errands while making sales-rounds. Is this unethical behavior? If so, why? If not, why not?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Financial Accounting

ISBN: 978-0133052152

2nd edition

Authors: Robert Kemp, Jeffrey Waybright

See More Books

Question Posted: Dec 22, 2017 07:49 AM

See More Questions

The owner of Whole Foods Markets, John Mackay, argues that firms should maximize stakeholder value. He uses his firm as an example. Mackay takes money from the profits and allocates it to community...
Affections manufacture candy and sells only to retailers. It is not a publicly owned company and its financial statements are not audited. But the company frequently must borrow money. Its creditors...
On October 21, Rand & Brink, a CPA firm, was retained by Suncraft Appliance Corporation to perform an audit for the year ended December 31. A month later, James Minor, president of the corporation,...
Revonce Company sells merchandise on a consignment basis to dealers .The selling price of the merchandise averages 25% above cost. The dealer is paid a 10% commission of the sales price for all sales...
Which of the following forces are conservative? If conservative, find the potential energy U(r). (a) Fx = ayz + bx + c, Fy = axz + bz, Fz = axy + by. (b) Fx = - ze-x, F, = In z, Fx = ex +y/z. (c) F =...
Martindale Ltd uses the historical cost system. While reviewing the business activities of the company, you discover that the following transactions and events were recorded. Ignore GST. 1. Ending...
In a certain application, a pump is required to deliver $5000 \mathrm{gpm}$ against a $300-\mathrm{ft}$ head when operating at $1200 \mathrm{rpm}$. What type of pump would you recommend?
Repeat Exercise 16, for estimating the percentage of children who had previously had measles. The file measles.dat contains data consistent with that obtained in a survey of parents whose children...
Answer the following in a long paragraph form that is detailed and informative. LIFO Explain what LIFO is and its financial impacts. Why would some industries use LIFO over FIFO? What are the results...
Andrea is in charge of scheduling the work for the service department of a car dealership. Lately, people in the sales department have been taking telephone calls from customers and promising that...
First, write down three social problems (e.g., drug abuse, gang membership, bullying, domestic violence, child abuse, etc) that we might attempt to predict using logistical regression. Second,...
Betty is a high producing, devoted employee who might work overtime in an emergency. She tells her boss that she got caught in traffic upon arriving late the next day, when in fact, she overslept. Is...
A 0.015 M solution of hydrogen cyanate, HOCN, has a pH of 2.67. (a) What is the hydronium ion concentration in the solution? (b) What is the ionization constant, K a , for the acid?
(1) What is an information system ? (2) What is the data ? (3) What are activities produce information that organizations need ? (4) What are the information technology dimension of information...
A local population of bears starts off with zo 100 members and grows at the rate of 10% per year. (a) (1 point) Write down the bear populations for the first six years, starting with the initial...
It is known that an electron with effective mass (m=0.2m0) is inside a practically infinite potential well of 14 nm in width. What is the energy of its first bound state in units of eV? Hint:...
Flax Corp. uses the direct method to prepare its statement of cash flows. Flax's trial balances at December 31 for Year 6 and Year 5 show the following information: Account Cash Accounts Receivable...
A borrower takes out a 30-year fixed rate mortgage for $310,000 and a rate of 4.1%. Five years later, rates have fallen and the borrower can now obtain a new 30-year mortgage, refinancing the...
Assume the same information as BE8.3 and that on March 4, 2022, Safer Co. receives payment of $4,300 in full from Madonna Inc. Prepare the journal entries to record this transaction. Data From BE 8.3...
Before the 1973 oil embargo and subsequent increases in the price of crude oil, gasoline usage in the United States had grown at a seasonally adjusted rate of 0.57 percent per month, with a standard...
Machine A has been completely overhauled for$9000 and is expected to last another 12 years. The $9000 was treated as an expense for tax purposes last year. Machine A can be sold now for $30,000 net...
Fred's Rodent Control Corporation has been using a low-frequency sonar device to locate subterranean pests. This device was purchased 5 years ago for $18,000. The device has been depreciated using...
(a) A new employee at CLL Engineering Consulting Inc., you are asked to join a team performing an economic analysis for a client. Your team seems stumped on how to assign an after-tax first cost to...
A 2-meter-tall basketball player attempts a goal 12.4 meters from the basket that is 3.05 meters high. If he shoots the ball at a 55 angle, at what initial speed must he throw the basketball so that...
Find the following. 2. 3 y(t) + 3y(t) 3+ = x(t) + 3 x(t) 3. y(t) - 1/2 y(t) x(t) = dt d 4. dt d 5. dt y(t) + 1/2 y(t) + y(t) y(t) + 1/2 y(t) = x(t) + x(t) = x(t)
1. Who are the people affected by rsum truth decisions? 2. Why might a job seeker have a duty to blur parts of his or her work history? 3. Why might an egoist lie on the rsum, and why not? 4. Does an...

Although John is an honest employee who never takes money from the company cash box, he uses

Question:

Step by Step Answer:

It is a totally unethical behavior on the part of John because honesty and integrity should be exhib...View the full answer

Financial Accounting

Students also viewed these Managerial Accounting questions