ACCT 101 Week 2 Discussion | Canvas University
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- 24 Jun 2021
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ACCT 101 Week 2 Discussion | Canvas University
Module 2 Discussion - Better Days Ahead
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Better Days Ahead,
a charitable organization, has a standing agreement with First National Bank.
The agreement allows Better Days Ahead to overdraw its cash balance at the bank
when donations are running low. In the past, Better Days Ahead managed funds
wisely and rarely used this privilege. Jacob Henson has recently become the
president of Better Days Ahead. To expand operations, Henson acquired office
equipment and spent large amounts on fundraising. During Henson’s presidency,
Better Days Ahead has maintained a negative bank balance of approximately
$10,000.
What is the ethical
issue in this situation, if any? State why you approve or disapprove of
Henson’s management of Better Days Ahead’s funds.
|
Criteria |
Full Points |
|
Initial post made by 11:59pm on
Thursday |
2 |
|
Answers to discussion questions
are complete, demonstrate careful reading and reflection on the material, and
demonstrate understanding of concepts |
4 |
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At least one, insightful
comments to classmates initial posts by 11:59pm on Sunday |
2 |
|
Correct grammar and spelling |
2 |
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