Assignment 2: Discussion—Ethical Issues

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Assignment 2: Discussion—Ethical Issues

Review the Ethical Issue: Dobbs Wholesale Antiques in chapter 5 (Page 317). By Thursday, 2015, address the following in your initial post:

  1. Under Dobbs FOB policy, when should the company record a sale?
  2. Do you approve or disapprove of Dobbs's manner of deciding when to ship goods to customers and record the sales revenue? If you approve, give your reason. If you disapprove, identify a better way to decide when to ship goods. Is there an accounting rule against Dobbs's practice?

By the end of the week, provide substantive responses to at least two other students' initial posts.

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