Read the following case:

McDonald, R. (2011, December). Don't leave your hand in the cookie jar.IMA Educational Case Journal, 4(4), ART. 2. (Located in this module)

Prepare a paper (memo) that addresses the following questions:

• How can John use the IMA Standards of Ethical Professional Practice to evaluate his own ethical behavior? Be specific.
• What steps could John take to resolve the ethical dilemma he faces? Be specific.
• Concerning the three accounting adjustments, whose arguments are more persuasive, Karl's or John's? Again, be specific.
• Calculate the difference between Karl's and John's recommended adjustments for bad debt, product returns, and warranties. Do you consider each individual different material? Is the combination of the three amounts material?

Answer rating: 100% (QA)

ClearPix Inc is a startup hightech firm established in 2003 Between the years 2007 and 2009 the firms sales increased by 63 from the sale of the companys Turbo products The firms success is also assoc... View the full answer