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Running head: ASSIGNMENT 1 1 Assignment 1 Sarah Parker ACC 640 Advanced Managerial & Cost Accounting Edward Kaplan August 5, 2019
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ASSIGNMENT 1 2 1-36 1. Violations: would be options c. pressure customers to take early delivery of goods before the end of the year so that more revenue can be reported in this years financial statements. e. record excutive year-end bonus compensation for the current year in the next year when it is paid after the December fiscal year-end. f. Recgnise sales revenues on orders received but not shipped as of the end of the year. g. establish headquarters in Ireland before the end of the year, lowering the companys corporate tax rate from 28% to 12.5%. Acceptable: are options, a. stop all transatlantic shipping efforts. The startup costs for the new operations are hurting current profit margins. b. make deep cuts in pricing through the end of the year to generate additional revenue. d. sell of distribution equipment prior to year-end. The sale would result in one-time gains that could offset the companys lagging profits. The owned equipment could be replaces with leased equipment at a lower cost in the current year. 2. For the main one that they violate which is to pressure customers to take early delivery of goods, them making a customer to take an early delivery just to report on this years financial statements is unethical.
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