I’m studying for my Accounting class and don’t understand how to answer this. Can you help me study?
You are employed as an accountant for Innovative Computing. Your company is in the process of signing a large contract with an electronics components supplier. You have a friend who works for the electronics components supplier, and you are aware of the company having trouble paying bills.
1.Explain why you should, or should not report, this to your employer before the purchase.
2.How would you handle your friend letting out personal damaging information that could hurt her sense of job security and the electronics component supplier? Would it affect your friendship?
3.Would you just stay away from this all together?