Running head: ETHICS CASE STUDY Ethic Case Study University of Phoenix HCS 335 January 11‚ 2011 “Jerry McCall is Dr. Williams’s office assistant. He has received professional training as both a medical assistant and a LPN. He is handling all the phone calls while the receptionist is at lunch. A patient calls and says he must have a prescription refill for Valium‚ an antidepressant medication‚ called in right away to his pharmacy‚ since he is leaving for the airport in thirty
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What is Accounting Ethics? The term accounting ethics are formed by the combination of two different words‚ namely accounting and ethics. Fortes‚ (2011) believes that ‘accounting is the collection‚ measurement‚ analysis and reporting of events in financial terms.’ While Karthik‚ (2010) believes that ‘ethics in its broader sense‚ deals with human conduct in relation to what is morally good and bad‚ right and wrong. It is the application of values to decision-making. These values include
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ACCT622 -Advance Auditing Case 1.5 Leslie Fay Company Critique Case Discussion and Summary I felt the case discussion and summary was well done. It included the majority of the essential components of the case and the facts were summarized in a very organized fashion. The one item I did not find in the summary and the discussion is the final results of the case. After reading the summary it would have been helpful to include a summary of findings from the 600 page audit committee report submitted
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Room Enron and Madoffs Ponzi scheme: two scandals that changed U.S. history and prove just how weak the controlling mechanisms of developed economies are. Enron‚ the seventh largest company in the United States‚ was declared bankrupt in December 200 1 after its investment partnership proved to be masking a colossal mountain of debt (around $1.2 billion). Similarly‚ Madoffs company‚ Bernard L. Madoff Investment Securities‚ was associated with a $65 billion fraud ’ that affected around 4‚800 clients
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The Analyst’s Dilemma (A) This case presents a very typical situation that people encounter while working in the corporate environment. What is ethical‚ what is morally correct and what is just right out against the law are the questions that we all face while working in a corporate environment. Some of the ethical questions are governed by the law facing the situation. For example while working in an investment bank you most probably have access to inside information about upcoming deals that
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Ethics Case Study Everyday health care workers around the world are faced with tough decisions. The law guides many decisions but some decisions require ethical considerations. Making good ethical decisions is not always as easy as it seems. Making ethical decisions is even harder when the primary intention is to be helpful‚ but it is beyond an employee’s qualifications. Jerry’s Qualifications versus Necessary Qualifications Qualification as a medical assistant and a licensed practical
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ANSWERS TO CONCEPT CHECKS‚ FINANCIAL PLANNING PROBLEMS AND QUESTIONS‚ AND CASES CONCEPT CHECK ANSWERS Concept Check 1-1 (p. 7) 1. What personal and economic factors commonly affect personal financial decisions? Personal financial decisions are affected by personal factors such as income‚ household size‚ age‚ and personal value. Economic factors that affect personal finance include global business activities‚ inflation‚ and interest rates. 2. For each of the following situations‚ indicate if
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improving the quality of life of the workforce and their families as well as of the local community and society at large" (Baker‚ 2011‚ p.1). Examples of social responsibility can include an organization or corporation or help to make up the social responsibility. It can consist of economics. The organization has a responsibility to make and earn profit for its owners. Ethics is also an element of ethical responsibility. Individuals can also volunteer‚ which promotes human welfare. Responsibilities include
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Raymond Williams says this _______is one of the two or three most complicated words in the English language. B. culture Which of the following is NOT one of the ways of understanding ideology that Storey (2009) discusses? B. Ideology reveals the reality of domination from those in power and those who are Which of the following is NOT one of the definitions of popular culture. Popular culture is: D. A culture which emerged during feudalism Which of the following is NOT one of the purposes
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Christian Ethics Project 2 Raymond Crespo Liberty University Econ 214 1. From a Christian perspective‚ why did Marxist communism fail? From a Christian point of view‚ Marxism failed because of its atheistic qualities. Marx forbade and dismissed the practice of religion. Instead of allowing common religious beliefs to be incorporated or flow freely into Marxism‚ governments chose to censor religious practices‚ which of course brought about resistance from the people
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