Monday, October 3, 2016

Wk 1 EOC: Quiz 1, Question 3

A.     Is it legal?
Yes, its legal. It doesn't violate any written laws although there are written codes against it in the company.  “Everyone would agree that hospitality managers should follow any laws that regulate the reporting of financial information. Laws do not exist, however, to cover every situation that future managerial accountants will encounter” (21). “Return it to the purveyor with a nice note telling them how much you appreciate it but your company policy will not allow you to accept it” (20).
B. Does it hurt anyone?    
    No, it doesn’t hurt anyone in any physical way. Although, the "samplings" were
given to her for the restaurant. Not as a gift for her personal entertainment. 
C. Am I being honest?
   At this moment, she isn't honest because this isn't being professional by using products from the business as her own property. “Turn the gift over to the general manager to be placed into the normal liquor inventory (assuming that the law will allow it to be used as such)” (20).
D. Would I care if it happened to me?
  Yes, since she is the only one who is purchasing these products, she's not the one who would be affected financially through the business. If she was the manager of the restaurant, then she would care as it would be directly affecting her.
E. Would I publicize my action?
No. She hasn't told her manager any of this so she wouldn't want any of this to be publicized. If this should go to court, it would be quiet embarrassing to know that she took product from the restaurant for her personal use.
F. What should be done with the two cases of hot dogs?

  The two cases of hot dogs should be used to "sample" them at the restaurant instead of her taking them home for her neighbor’s BBQ. 

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