Ethics case – Writing experience D Respond in writing to the following questions based on the ethics case concerning Terry Dorsey:
a. Do you believe that Terry”s scheme will work?
b. What would you do if you were Terry”s accountant?
c. Comment on each of Terry”s points of justification.
Group project E In teams of two or three students, interview the manager of a merchandising company. Inquire about inventory control methods, inventory costing methods, and any other information about the company”s inventory procedures. As a team, write a memorandum to your instructor summarizing the results of the interview. The heading of the memorandum should include the date, to whom it is written, from whom, and the subject matter.
Group project F In a team of two or three students, locate and visit a nearby retail store that uses perpetual inventory procedure and a computerized inventory management system. Investigate how the system works by interviewing a knowledgeable person in the company. Write a report to your instructor and make a short presentation to the class on your findings.
Group project G With a small group of students, identify and visit a retail store that uses periodic inventory procedure and uses the retail inventory method for preparing interim (monthly or quarterly) financial reports. Discover how the retail inventory method is applied and how the end-of-year inventory amount is calculated. Write a report to your instructor summarizing your findings.