Question

Nottingham Manufacturing Company allows employees to purchase, at cost, manufacturing materials, such as metal and lumber for personal use. To purchase materials for personal use , an employee must complete a materials requisition form, which must then be approved by the employee's immediate supervisor. Gretchen MacCauley, an assistant cost accountant, charges the employee an amount based on Nottingham's net purchase cost.

Gretchen MacCauley is in the process of replacing a deck on her home and has requisitioned lumber for personal use, which has been approved in accordance with company policy. In computing the cost of the lumber, Gretchen reviewed all the purchase invoices for the past year. She then used the lowest price to compute the amount due to the company for the lumber.

Discuss whether Gretchen is behaving in an ethical and professional manner concerning her actions with the calculation of the cost of lumber for personal use.

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You are required to have an original post responding to my questions asked (Minimum of 4 - 5 legitimate sentences required) and reply to at least 1 of your classmates' commentaries (Minimum of 2 - 3 legitimate sentences required). Make sure to use a Professional Writing Style.  Yes/No and/or I Agree/Disagree answers will NOT receive full credit.

Answer 1

It is an extremely intense issue to choose the moral weight on Gretchean mccauly,

regardless of whether her activities are moral or unscrupulous will absolutely relies on the worker buy arrangement records, on the grounds that in such strategy just it needs to said that at what cost the deal to representatives must be caluclated.

however, apparentely here, Gretchean mccauly a right hand cost bookkeeper will make the bill in light of naughtingham's net buy cost which infers in view of the present expense to cost premise not on verifiable cost premise.

In any case, when Gretchean mccauly, utilizes the recorded costs to value her own buys at the lower cost which isn't adequate.

since there are numerous strategies to discover the expense of stock, Gretchean mccauly is expected to caluclate the expense for representatives in view of organization tradition of distinguishing the price tag.

In any case, for this situation there will be no typical odds of distinguishing the expense by the organization on its slightest price tag, which is received by the right hand cost bookkeeper Gretchean mccauly,

so it can said that she has acted unscrupulously upon the organization in such exchanges.

in any case, if in the representative buy strategy it has been said that the costs must be made at the lower cost of earlier years buy she isn't liable of exploitative practices.

as said before it simply relies on the organization approach to value worker buys.