Wednesday, 30 March 2016

Ethical Dilemma-Your industry practices reporting "bookings

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Ethical Dilemma-Your industry practices reporting "bookings


Please give a detailed explanation for the following scenario: Your industry practices reporting "bookings for contracted business. The level of bookings influences your company's stock price. You are in negotiations for a large contract that you feel sure you will get. It is the end of the quarter and your boss wants you to report this "deal as booked even though you don't have the customer's agreement verbally or in writing. What do you do? Please give a detailed answer.

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