26 Feb The Expenditure Approval ProcessRoberto is the pla
The Expenditure Approval ProcessRoberto is the plant superintendent of a small manufacturing company that is owned by a largecorporation. The corporation has a policy that any expenditure over $1,000 must be approved bythe chief financial officer in the corporate headquarters. The approval process takes a minimumof three weeks. Roberto would like to order a new labeling machine that is expected to reducecosts and pay for itself in six months. The machine costs $2,200, but Roberto can buy the salesrep’s demo for $1,800. Roberto has asked the sales rep to send two separate bills for $900 each.What would you do if you were the sales rep? Do you agree or disagree with Roberto’sactions? What do you think about the corporate policy?
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