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For an accounting course I am taking, we are being asked to review three case st

ID: 2369955 • Letter: F

Question

For an accounting course I am taking, we are being asked to review three case studies. There are four questions at the end of each case study (in this case, on page 4 of the attached PDF). The answer to the questions are not an assignment themselves. We are being asked to review the case studies, and then there will be questions on an exam based on the case study. The questions are supposed to give us an idea of what we should be studying. I am looking for some help with this first case study, so I have a better idea of how I should be looking at the other cases. Just a few bullet points on each question would be fine - no need to write out long answers, as this would just be used to study from and to give me some guidance as far as what things to look for in the other cases. Here is a link to the PDF (Chegg doesn't seem to allow me to attach it - http://www.coursehero.com/load_question_attachment.php?q_att_id=300510)


Explanation / Answer

The case illustrates how profit maximization goals have the potential to influence ethical decision making. Abby, the assistant director of manufacturing, has the opportunity to enhance both company profitability and reduce the purchase costs of a product for the brother of George Smilee, the director of manufacturing. However, that decision would shift costs to another customer, Breeland Ltd. Being a CMA, Abby is appropriately using the IMA Statement of Ethical Professional Practice as a guide to the proper course of action. The case requires students to assume Abby

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