In the Faulty Budget case, Jackson Daniels should:
A)Wait to see if his budget numbers are met and, if not, inform top management of the error at that time
B)Cover up the error in the budget forecast
C)Let his friend, Jonathan Walker, explain the mistake to top management
D)Admit his mistake to top management at the earliest possible time

Question

Quizplus · Accepted Answer

Admitting the mistake to top management at the earliest possible time is the best course of action because it demonstrates integrity and accountability, and allows for corrective action to be taken as soon as possible. Delaying reporting or covering up the mistake can ultimately lead to bigger problems down the line. Letting someone else take responsibility for the mistake is also not acceptable, as it is Jackson Daniels' responsibility as the head of finance to ensure accurate budgeting.

In the Faulty Budget Case, Jackson Daniels Should