Thought provokers chapter 8
.docx
School
Jamestown Business College**We aren't endorsed by this school
Course
ACCOUNTING 202D
Subject
Economics
Date
Dec 21, 2024
Pages
1
Uploaded by alayziaichigo
8.2This change is alright. It may scare thefts into quitting. However, they should have only one specific person on the register. At the end of their shift, the manager will count and be able to find who may be a theft easier.8.2 8.4A pizza shop I go to puts the exact amount of cheese in plastic baggies that they throw out after each use. This ensures everyone uses the same amount of cheese on each pizza. However, they lose money on bags when they weigh the cheese in a bowl for every pizza to reduce waste.8.4At first it looked like the company was buying unneeded parts and had poor communication between the inventory person and the person who buys inventory. However, since the buyer and seller share addresses, it looks like an employee is buying parts and reporting them as thrown out when the employee takes them home.P4 8.4The vice president's advice not to tell anyone seems suspicious. I would inform my supervisor and ask them if I should. P5 8.4The supervisor should still check on employees as close to in-person as possible to ensure nobody is cheating the system. P6 8.6The problem with this directive is that it goes against the point of accountants. Theyare here to ensure that everything is recorded and balanced. If something is not balanced, it could mean missing records, someone is owed money, or theft is happening. To overlook it could mean future problems.P7 8.6This should be a concern. It could have meant insufficient funds, a suspicious check,or some other suspicious behavior going on.
