javier gonzales is the manager of the repairs and maintenance department of jg indus 544720
Ethical Considerations in Budgeting
Javier Gonzales is the manager of the Repairs and Maintenance Department of JG Industries. He is responsible for preparing his department’s annual budget. Most managers in the company inflate their budget numbers by at least 10 percent because their bonuses depend upon how much below budget their departments operate. Gonzales turned in the following information for his department’s budget for next year to the company’s budget committee:
Don't use plagiarized sources. Get Your Custom Essay on
javier gonzales is the manager of the repairs and maintenance department of jg indus 544720
For $10/Page 0nly
|
Budget This Year |
Actual This Year |
Budget Next Year |
|
|
Supplies |
$ 20,000 |
$ 16,000 |
$ 24,000 |
|
Labor |
80,000 |
82,000 |
96,000 |
|
Utilities |
8,500 |
8,000 |
10,200 |
|
Tools |
12,500 |
9,000 |
15,000 |
|
Hand-carried equipment |
25,000 |
16,400 |
30,000 |
|
Cleaning materials |
4,600 |
4,200 |
5,520 |
|
Miscellaneous |
2,000 |
2,100 |
2,400 |
|
Totals |
$152,600 |
$137,700 |
$183,120 |
Because the figures for next year are 20 percent above those in this year’s budget, the budget committee questioned them. Gonzales defended them by saying that he expects a significant increase in activity in his department next year.
What do you think are the real reasons for the increase in the budgeted amounts? What ethical considerations enter into this situation?
Calculator
Our features
We've got everything to become your favourite writing service
Money back guarantee
Your money is safe. Even if we fail to satisfy your expectations, you can always request a refund and get your money back.
Confidentiality
We don’t share your private information with anyone. What happens on our website stays on our website.
Our service is legit
We provide you with a sample paper on the topic you need, and this kind of academic assistance is perfectly legitimate.
Get a plagiarism-free paper
We check every paper with our plagiarism-detection software, so you get a unique paper written for your particular purposes.
We can help with urgent tasks
Need a paper tomorrow? We can write it even while you’re sleeping. Place an order now and get your paper in 8 hours.
Pay a fair price
Our prices depend on urgency. If you want a cheap essay, place your order in advance. Our prices start from $11 per page.