Our Services

Get 15% Discount on your First Order

Instructions: Due Sunday 02/11 Read Case in your textbook about Ethics and performance evaluation. Answer the three questions at the end of the case and

February 11, 2024

Instructions: Due Sunday 02/11

Read Case in your textbook about Ethics and performance evaluation.

Answer the three questions at the end of the case and upload your analysis. Make sure your answers are thorough, no more than two or three full pages. Minimum 2 scholarly sources excluding textbook sources. No use of non-scholarly sources.

A10–
66. Ethics and performance evaluation
(Learning Objective 2) [Ethics]

Requirements

1. Using the IMA Statement of Ethical Professional Practice as an ethical framework (see Exhibit 1-7), answer the following questions:

1. What is (are) the ethical issue(s) in this situation?

2. What are James’s responsibilities as a management accountant?

2. Do you agree with James’s reasoning that no one would get hurt by her actions? Why or why not?

3. Do you agree with James’s assessment that she is actually helping the company and that this justifies her actions?

Costello Company has several divisions. The controller, Sarah James, prepares monthly segment reports for each division. Each division manager is evaluated annually, based largely on the segment margin for the manager’s division. The segment margin for the division determines whether the manager receives a bonus, the amount of any bonus, and whether the division will even continue to be operated. Since operating losses reflect common fixed costs being allocated to a division, company management allows a division to show an operating loss in one or more years. However, the division is likely to be closed if its segment margin is negative for three consecutive years since management feels that the division is then a drain on the overall company’s profits.

The past few years have been tough years for the Small Engines division. The economy has caused sales to shrink. In addition, the production manager, Daniel Whalen, has had some personal problems and has not been focused on work. Whalen thinks his personal issues are behind him now, and he is looking forward to better results in future years—as long as his division is not discontinued due to its poor operating results in the past few years. Here is an excerpt from the segment report for the Small Engines division for the past three years:

James, the controller, is in a relationship with Whalen, the division manager of Small Engines. She wants to do whatever she can to help him with his work situation; she knows he is a good person and works hard. Once she sees the segment margin report for the Small Engines division, she realizes that there is a strong possibility that the Small Engines division will be closed due to segment margin losses over the past three years. She analyzes the preliminary segment margin performance report and realizes that there is an easy way that she could help. She could move some of the direct fixed expenses listed on the Small Engine segment report into the common fixed expenses allocated to the Small Engine division. She reasons that the overall operating income for the Small Engine division will remain the same and it really isn’t hurting anyone to do this. In fact, she actually feels that she is helping the company and its employees. By the simple act of shifting some of the direct fixed costs to the common fixed expenses, she will be saving people’s jobs by preventing the division from being closed.

There is very little chance of this shift between fixed expense categories being caught because the segment reports are hard to understand. No one in the company outside of the Accounting Department understands what is included in “Direct fixed expenses” versus “Common fixed costs.” James has used a convoluted allocation system for years, and company management has given up on understand. No one in the company outside of the Accounting Department understands what is included in “Direct fixed expenses” versus “Common fixed costs.” James has used a convoluted allocation system for years, and company management has given up on understanding it and just accepts the monthly reports. Company management figures that overall the company does well, so the hard-to-understand accounting reports are just a necessary evil.

image1.png

image2.png

>Business & Finance homework help

Share This Post

Order a Similar Paper and get 15% Discount on your First Order

Related Questions

1 Assessment 04 – Remote Collaboration and Evidence-Based Care Create a 5-10 minute video of yourself, as a presenter, in which you will

1 Assessment 04 – Remote Collaboration and Evidence-Based Care Create a 5-10 minute video of yourself, as a presenter, in which you will propose an evidence- based plan to improve the outcomes the patient in the provided case study below, and examine how remote collaboration provided benefits or challenges to

In 2-3 pages: Explain the controversy that surrounds paranoid personality disorder. Explain your professional beliefs as a practitioner about this

In 2-3 pages: Explain the controversy that surrounds paranoid personality disorder. Explain your professional beliefs as a practitioner about this disorder, supporting your rationale with at least four scholarly references. Explain strategies for maintaining the therapeutic relationship with a patient that may present with paranoid personality disorder. Finally, explain ethical

VAL- UP TO 4/14/2024- CLASS 1 *** PLEASE MAKE SURE THAT ALL WORK IS AUTHENTIC* **** THIS ASSIGNMENT HAS 2 PARTS / PLEASE LABEL EACH PART SEPARATELY

VAL- UP TO 4/14/2024- CLASS 1 ***** PLEASE MAKE SURE THAT ALL WORK IS AUTHENTIC***** ****** THIS ASSIGNMENT HAS 2 PARTS / PLEASE LABEL EACH PART SEPARATELY WITH REFERENCES WHEN COMPLETED****** PART 1- Module 5- DISCUSSION – (VAL)- Communication in Leadership & Self-Reflection Explain the importance of communication in leadership.

Discussion Question Explain the biological (genetic and neuroscientific); psychological (behavioral and cognitive processes, emotional, developmental); and

Discussion Question Explain the biological (genetic and neuroscientific); psychological (behavioral and cognitive processes, emotional, developmental); and social, cultural, and interpersonal factors that influence the development of psychopathology. Cite at least two references

In this area, we will discuss the significance of the accounting equation, the rules of debit and credit, and the steps in the accounting cycle. We will talk

In this area, we will discuss the significance of the accounting equation, the rules of debit and credit, and the steps in the accounting cycle. We will talk about recording of transactions, normal balances, and the creation of the trial balance. Let’s begin by asking this question: What is the

Choose a current article related to this week’s material. Review and analyze the article. This assignment should be written in APA

Choose a current article related to this week’s material. Review and analyze the article. This assignment should be written in APA style and should include: · Two pages in length (not including the title page and reference page) · Double-spaced · 12-point font All papers will automatically be submitted

Please use the documents below to complete the following activities: Complete Gray Boxes and Highlighted Areas. Submit to the Canvas

Please use the documents below to complete the following activities: Complete Gray Boxes and Highlighted Areas. Submit to the Canvas Dropbox. Submissions must be handwritten.

Topic: Maths1.1 Carbondale Casting produces cast bronze valves on a 10-person assembly line. On a recent day, 160 valves were pro- duced during an 8-hour

Topic: Maths1.1 Carbondale Casting produces cast bronze valves on a 10-person assembly line. On a recent day, 160 valves were pro- duced during an 8-hour shift. a) Calculate the labor productivity of the line. First of all, to be able to determine the labor productivity of Carbondale Casting’s 10-person assembly

as part of a course wrap-up, you will utilize 2-3 peer reviewed articles to write an expository esy demonstrating your understanding of the key roles

as part of a course wrap-up, you will utilize 2-3 peer reviewed articles to write an expository esy demonstrating your understanding of the key roles ethics plays in the process of planning, managing, and controlling communications in a project setting. Here is a link to several PMI articles on Ethics:

Documentary Evidence & the Right of Discovery. Describe the difference between primary and secondary evidence. Also discuss the discovery process as

Documentary Evidence & the Right of Discovery. Describe the difference between primary and secondary evidence. Also discuss the discovery process as it pertains to the trial process. Brief: Miranda v. Arizona, 384 U.S. 436 (1966). Dickerson v. U.S., 530 U.S. 428 (2000). Brady v. Maryland, 373 U.S. 83 (1963).

DISCUSSION RESPONSE CHANGE CHAMPIONS DISCUSSION RESPONSE CHANGE CHAMPIONS Read a selection of your colleagues’ blog posts and respond to two of

DISCUSSION RESPONSE CHANGE CHAMPIONS DISCUSSION RESPONSE CHANGE CHAMPIONS Read a selection of your colleagues’ blog posts and respond to two of your colleagues by expanding upon their responses or sharing additional or alternative perspectives. PEER #1 Elycia Victoria Hernandez Change Champions and Opinion Leaders play distinct roles in organizational change especially in healthcare settings.

In this assignment, you will be constructing a food web. In preparation for this activity, read Food Chains and Food Webs in the Week 8 Section 15 document

In this assignment, you will be constructing a food web. In preparation for this activity, read Food Chains and Food Webs in the Week 8 Section 15 document under Readings within the course content. Th

Due Date: Sunday by 11:59pm Total Points: 100 Instructions: • Update your project file based on any feedback given last week. If assignment is

Due Date: Sunday by 11:59pm Total Points: 100 Instructions: • Update your project file based on any feedback given last week. If assignment is not correctly updated, then points will be deducted. • Add Project Management Processes to your WBS if you have not already done so. This will need

Intervention Feedback, Assessment 4 1 Intervention Feedback Form Assessment 4 Note: Please include this feedback in your capstone video. You do not have to

Intervention Feedback, Assessment 4 1 Intervention Feedback Form Assessment 4 Note: Please include this feedback in your capstone video. You do not have to submit the completed feedback form; it’s simply a guide to help you capture patient, family, or group feedback about your intervention. 1. Meeting date(s). 2. Length

Case/Module 2 MGT509 Human Resource Management Job Analysis; Staffing; EEO; Diversity Case Assignment Address the following questions in an

Case/Module 2 MGT509 Human Resource Management Job Analysis; Staffing; EEO; Diversity Case Assignment Address the following questions in an essay format which includes an introduction and conclusion (not a Q & A format): · How your employer reduces labor costs and still save as many jobs as possible? · How

1600 words MINIMUM (NOT including cover/reference pages or questions) Requirement is at least five scholarly articles, ONE maybe the

1600 words MINIMUM (NOT including cover/reference pages or questions) Requirement is at least five scholarly articles, ONE maybe the course textbook BELOW. Textbook(s) Ferrell, O.C., & Hartline, M. D. (2017). Marketing strategy: Text and cases (7th ed.) SouthWestern/Cengage Learning. Unit 7 Complete 1. Use the graph below to answer the