QuickHelper

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About QuickHelper

Levels Tought:
Elementary,High School,College,University,PHD

Expertise:
Accounting,Applied Sciences See all
Accounting,Applied Sciences,Business & Finance,Chemistry,Engineering,Health & Medical Hide all
Teaching Since: May 2017
Last Sign in: 352 Weeks Ago, 4 Days Ago
Questions Answered: 20103
Tutorials Posted: 20155

Education

  • MBA, PHD
    Phoniex
    Jul-2007 - Jun-2012

Experience

  • Corportae Manager
    ChevronTexaco Corporation
    Feb-2009 - Nov-2016

Category > Business & Finance Posted 07 Jun 2017 My Price 8.00

In Short Essay Form,

 


Question description

 

 

Your company produces an assortment of school supplies, and has a policy of supporting child health. One day you happen to notice information that (although it is not your area of expertise) in your opinion, indicates that the product produced by your company may be harmful to pre-teens. Furthermore, being the CFO, you have firsthand knowledge that the costs presented by the production department are understated by 18%.  You recall that the last "trouble-maker" received a call from the Chairman of the Board, and had a hasty departure from the company.

In Short Essay Form, answer the following questions:

1) What is the Board of Directors, and what is its responsibility? 

2) Who is responsible for the financial affairs of the company? 

3) Should you act on information that in your opinion" 'indicates'" something may be wrong? Why, or why not? 

4) What item(s) are you required to address, and why? 

5) What other issue(s) may be present here? 

 

Answers

(10)
Status NEW Posted 07 Jun 2017 07:06 PM My Price 8.00

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