Jos Rodrguez, Vice President of Finance, and Victoria Figueroa, controller of the Caf Rico Company, are reviewing

José Rodríguez, Vice President of Finance, and Victoria Figueroa, controller of the Café Rico Company, are reviewing the company's financial indicators for 2014 and 2015. The VP of Finance points out that the profit margin in relation to the sales margin increased from 6% to 12%, a significant gain over the 2 year period. Rodríguez is in the process of issuing a press release highlighting Café Rico's efficiency in cost control. Victoria Figueroa knows that the difference in ratios is mainly due to a decision by the company to reduce the estimates of warranty and delinquency expenses as of 2015. Victoria Figueroa (controller) is not sure of the finance supervisor's motives; she hesitates to propose to Rodríguez that the improvement of the company is not related to the efficiency in cost control. For compliance reasons, a press release is scheduled to be issued in a few days.

Question

In the case of Victoria Figueroa (controller), who remains silent, state the reasons why or why she should not remain silent in this situation, indicate if this conduct is correct, if it is justified. detail

Answer rating: 100% (QA)

Victoria Figueroa as the controller of Caf Rico Company faces a dilemma in deciding whether to remai... View the full answer