Suppose you are an accountant for a large retail company. At the end of the quarter, the General Manager (GM) tells you: Our sales are slightly below forecast and we will not make our bonus this quarter. However, I noticed that we got a lot of cash from selling gift cards. I also noticed that this cash is not included in our quarterly sales revenue. Can you include it, so that our reported sales meet forecast and we get paid our bonus?How would you explain to the GM why the cash received for gift cards should or should not be included in your reported sales revenue?What would the ethical issues be with reporting the cash received for gift cards as sales revenue?How would you react to the GMs request? Specifically, would you report the cash received for gift cards as sales revenue or not?After posting your own answers to the above questions, read those of your classmates and discuss them. Specifically, what would the consequences of reporting the cash received for gift cards as sales revenue be and why would you agree or refuse to report them as sales revenue.
This question has been answered exceptionally by https://essayblazers.com/
Place a similar order with a custom made answer.
Your privacy is our assurance as well as great grades.
Try us today, you will not regret!
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.Read more
Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.Read more
Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.Read more
Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.Read more
By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.Read more