Question: FACTS: You are happy to be working as a controller in the headquarter for a company, and the owner and President of the company (the

FACTS: You are happy to be working as a controller in the headquarter for a company, and the owner and President of the company (the boss) trusts you enough to handle the businesss banking account, since you did, after all, get an A in your Foothill Accounting Ethics course. One day the boss hands you to a $225.00 receipt for dinner and entertainment from the night before. He explains it is for entertainment of a client dinner and the lounge at the bosss country club and wants you to cut him a check for reimbursement of the full amount of the receipt. Later that day, the bosss girlfriend stops by to pick up the boss for lunch. While waiting she talks to the receptionist and you clearly overhear the girlfriend say how much she enjoyed last nights dinner at the country club with the boss.

DISCUSSION: What would you do, if any? Explain your thought process. Please make sure to use what you learned from Chapter 2.


 FACTS: You are happy to be working as a controller in

6:20 I UE Back Assignment Details ACC-070-76572 Ethics in Accounting Submission & Rubric Description FACTS: You are happy to be working as a controller in the headquarter for a company, and the owner and President of the company (the "boss") trusts you enough to handle the business's banking account, since you did, after all, get an "A" in your Foothill Accounting Ethics course. One day the boss hands you to a $225.00 receipt for dinner and entertainment from the night before. He explains it is for entertainment of a client - dinner and the lounge at the boss's country club - and wants you to cut him a check for reimbursement of the full amount of the receipt. Later that day, the boss's girlfriend stops by to pick up the boss for lunch. While waiting she talks to the receptionist and you clearly overhear the girlfriend say how much she enjoyed last night's dinner at the country club with the boss. DISCUSSION: What would you do, if any? Explain your thought process. Please make sure to use what you learned from Chapter 2. Note: Remember your original post is limited to 300 words maximum. You must make comment on one of your colleagues' posts and your comment is limited to150 words. View Discussion 6 . Dashboard Calendar To Do Notifications

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!