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Category > Accounting Posted 22 Oct 2020 My Price 6.00

ACC 291 Week 3 Discussion Ethical Decision-Making

ACC 291 Week 3 Discussion Ethical Decision-Making

Post a total of 3 substantive responses over 2 separate days for full participation. This includes your initial post and 2 replies to other students. 

Due Day 3

You oversee the $250 petty cash for your company. When an employee needs a special item that is not in inventory, you take money from petty cash to purchase that item.

One day, you are short on cash for lunch. You decide to borrow $10 each day for the next 3 days until payday for a total of $30 from petty cash. After payday, you do not have enough to repay petty cash, so you decide to record a cash short/over expense of $30.

Respond to the following in a minimum of 175 words: 

  • Since this is the first time you have ever done this, is this a problem?
  • If so, what steps should be taken to fix this problem? If not, why not?

Answers

SmartExpert
(118)
Status NEW Posted 22 Oct 2020 06:10 PM My Price 6.00

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Attachments

file 1603392296-ACC 291 Week 3 Discussion Ethical Decision.docx preview (536 words )
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