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Accounting

Ethical Issues

Manager: " If I can reduce my costs by $40,000 during this last quarter, my division will show a profit that is 10% above the planned level, and I will receive a bonus of $10,000. However, given the projections for the 4th Quarter, it does not look Promising. I really need that $10,000. I know one way I can qualify; all I have to do is to lay off my three most expensive Sales. After all, most of the orders are in for the 4th Quarter, and I can always hire new Salespersons at the beginning of the next year.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9403415

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