社會與倫理會計：練習題

A manufacturing business decides to install expensive scrubbers in its chimneys to reduce toxic emissions, despite no legal requirement to do so in its current jurisdiction. Which statement correctly identifies the social accounting impact of this decision?

An accounting firm discovers that its main client is using child labor in its overseas supply chain. If the firm chooses to continue representing the client without disclosure to maintain high audit fees, which ethical principle is primarily compromised?

When an accountant prepares a financial report, they must ensure that information is not manipulated to meet specific loan covenant requirements. Which ethical concept in accounting decision-making is most directly applied when resisting pressure to misstate the current ratio?

When appraising a business's performance, why might a high current ratio be considered a negative non-financial indicator for the workforce stakeholder group?

A company is considering shifting its manufacturing plant to a region with lower environmental regulations to reduce waste disposal costs. Which aspect of social accounting is most directly violated if this decision leads to increased local pollution?

Identify and briefly explain one way in which an accounting decision to relocate a factory to a region with lower environmental regulations might conflict with the principles of social accounting.

Evaluate the ethical implications for an accountant who is pressured by management to intentionally delay the recording of trade payables at the end of a financial year to improve the current ratio.

A business currently uses environmentally friendly packaging that costs \(£0.80\) per unit. The management is considering a move to a cheaper, non-recyclable plastic alternative that costs \(£0.30\) per unit. The company expects to sell \(50,000\) units next year.

(a) Calculate the impact on the budgeted profit if the company switches to the plastic packaging.
(b) Discuss two non-financial factors that the board of directors should consider before making this decision.
(c) Explain the possible reaction of the 'local community' as a stakeholder group.

A junior accountant has discovered that the Chief Financial Officer (CFO) has instructed the finance department to capitalize significant fines related to environmental pollution as 'Legal Costs of Land Acquisition' rather than recognizing them as an expense in the Statement of Profit or Loss.

(a) Identify and explain the ethical principle that the CFO is violating in this scenario.
(b) Analyze the long-term implications for the company's investors and lenders if this accounting treatment remains uncorrected.
(c) Explain how the 'Social Accounting' framework would require these environmental fines to be disclosed.