You are in charge of the checking account for a small business. One morning, you

Question

You are in charge of the checking account for a small business. One morning, your accounting supervisor enters your office and asks you for a check for $150 for expenses that he tells you he incurred entertaining a client last night. He submits receipts from a restaurant and lounge. Later, your supervisor's girlfriend stops by to pick him up for lunch, and you overhear her telling the receptionist what a great time she had at dinner and dancing with your supervisor the night before. What would you do and why? at least 300 words

Explanation / Answer

We can see that the supervisor has asked for expense reimbursement for the client expenses. However, Given the situation and the facts, there are chances that the supervisor might be using the company's expenses from the company's expenses.

Now, given the situation, we should not directly go and ask the supervisor of the expenses, rather through a formal process to explain and give evidence. We can surely ask questions as who were the clients and what was the business discussed or why they were been entertained. Also, we can put in place a system in the future where it is mandatory to inform the managers in advance of all the possible engagements with the clients. We should not directly go and ask if the supervisor was with her girlfriend rather ask details on the client.

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