Your new warehouse will open in two days. Everything is going smoothly. BUT THEN, a...
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Accounting
Your new warehouse will open in two days. Everything is going smoothly. BUT THEN, a person with a badge walks in and tells your boss that your warehouse has various code violations and your application for an operating permit to the local government has been denied. HOWEVER, the person tells your boss that if the company hires a specific person as its agent to negotiate with the local government, everything can be fixed and the warehouse will open on time.
Your boss pretends to agree with the person with the badge, gives a small sum of cash to the person, and tells the person that the agent will be paid later
Your boss did not intend to pay the agent mentioned by the person with the badge, did not seek approval for the payment, and no payment is ever made to the agent
Your boss has the small cash payment to the person with the badge entered on the books and records as a charitable contribution by the company
Your warehouse opens on schedule.
1. Issues?
2. What should you do?
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