Steve is deep in debt due to a gambling problem.He is the bookkeeper for a family-owned business, Cal Poly Greenery.The company has only three employees - Steve, the husband, and the wife.All three have been friends for many years.One day the loan shark who lent Steve $20,000 comes knocking at his door asking for repayment of the loan.Steve convinces the loan shark to give him another day.The following day Steve writes a check on the company's books to himself for $20,000.Since he reconciles the bank accounts and prepares the financial statements, Steve knows it's unlikely the owners will ever know about what he has done.From an ethical perspective, Steve has
A)Violated the trust placed in him by the owners
B)Risked his reputation if the owners find out
C)Compromised his integrity
D)All of the above

Question

Quizplus · Accepted Answer

Steve has violated the trust placed in him by the owners, as he has used company funds for personal gain. He has risked his reputation if the owners find out, as his actions are unethical and could lead to consequences such as legal action or termination. Additionally, Steve has compromised his integrity by engaging in fraudulent behavior and betraying the trust of his friends and employer.

Steve Is Deep in Debt Due to a Gambling Problem