Managerial Accounting Tenth Canadian Edition Solution Manual
Managerial Accounting Tenth Canadian Edition Solution Manual helps you navigate your textbook with ease, offering answers to every question.
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Solutions Manual, Chapter 11Chapter 1Managerial Accounting andthe Business EnvironmentSolution toDiscussion CaseBenefits toemployeesof having a code of conduct:•Creates clarity as to howallemployees are expected to behave. Thisshould help employees avoid behaviours that the company prohibits.•Provides protection for employees when dealing with superiors giventhe guidelines related to protection from discrimination and harass-ment.•Establishes guidelines for workplace safety,whichshould help protectthe health of employees.•Provides information on the consequences of code violations, whichwill help understand employees understand the outcomes of prohibit-ed behaviours, if detected.•Provides guidance as to what employees should do if they witness aviolation of the code and protects those employees who do report anincident.Disadvantages to CIBC of having a code of conduct:•May create the impression among employees that they are nottrust-ed by senior management to act appropriately.•The obligation to report violations could create a culture of suspicionand mistrust among employees.•Enforcing the code may be costly and time consuming in large organ-izations such as CIBC. For example, investigations of possible viola-tions could take weeks.
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