Ethical Considerations. In the process of closing thecompany books, you encounter a problematic transaction. One of the company’s customers was invoicedtwice for the same project materials, resulting in a$1,000 overcharge. You immediately notify the controller, whose response is, “Let it go, it happens often.It’ll probably balance out on some future transaction.”What should you do now?

Business/Professional Ethics Directors/Executives/Acct
8th Edition
ISBN:9781337485913
Author:BROOKS
Publisher:BROOKS
Chapter5: Corporate Ethical Governance & Accountabililty
Section: Chapter Questions
Problem 20.3EC
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Ethical Considerations. In the process of closing the
company books, you encounter a problematic transaction. One of the company’s customers was invoiced
twice for the same project materials, resulting in a
$1,000 overcharge. You immediately notify the controller, whose response is, “Let it go, it happens often.
It’ll probably balance out on some future transaction.”
What should you do now?

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