Completing the Accounting Cycle for a Merchandising Corporation
Extend: Matter of Ethics
Handling Sales Returns
- To maintain a credible reputation among consumers, businesses must maintain ethical standards of practice. What ethical considerations do consumers owe business in return?
- In class, discuss the following scenario. A woman is purchasing a product for which the barcode does not scan properly. The clerk asks her the price. She tells him $7.99 even though she knows the actual price is $12.99.