Question: You work in a small convenience store. The store is very low-tech; you ring up the sales on an old-style cash register that merely records

You work in a small convenience store. The store is very low-tech; you ring up the sales on an old-style cash register that merely records the amount of the sale. The store owner uses this cash register tape at the end of each day to verify that the correct amount of cash is in the cash register drawer. On a day-to-day basis, no other financial information is collected about store operations. Since you started studying accounting, you see many ways that store operations could be improved through the gathering and use of financial information. Even though you are not an expert, you are quite certain that you could help the store owner set up an improved information system. However, you also know that this will take extra effort on your part, with no real possibility of receiving an increase in pay. Should you say anything to the store owner, or should you just keep quiet and save yourself the trouble?

Step by Step Solution

3.36 Rating (177 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

Ethics Many people dont view this situation as a question of ethics The... View full answer

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

Document Format (1 attachment)

Word file Icon

75-B-A-A-C (564).docx

120 KBs Word File

Students Have Also Explored These Related Accounting Questions!