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Sunk costs : what costs do you sea? / Marty Stuebs, Cari Edison, Katy Hurt.

By: Contributor(s): Material type: TextSeries: Publisher: London : SAGE Publications Ltd, 2017Description: 1 online resource : illustrationsContent type:
  • text
Media type:
  • computer
Carrier type:
  • online resource
ISBN:
  • 9781526428035 (ebook) :
Subject(s): DDC classification:
  • 658.1511
Online resources: Companies' responsibilities for safety are important social and environmental concerns. This fictional case "inspired by recent actual events" presents a capital investment intended to improve cruise ship safety. Both managerial accounting investment analyses and ethical recognition of responsibilities play necessary roles in the safety investment decisions. The case also refers to and encourages use of the IMA Statement of Ethical Professional Practice. Since the case blends managerial accounting and ethics, it is suitable for a number of managerial accounting and accounting ethics courses.
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Originally Published InStuebs, M., Edison, C., & Hurt, K. (2014). Sunk costs: What costs do you sea? IMA Education Case Journal, 7(3), Article 2.

Companies' responsibilities for safety are important social and environmental concerns. This fictional case "inspired by recent actual events" presents a capital investment intended to improve cruise ship safety. Both managerial accounting investment analyses and ethical recognition of responsibilities play necessary roles in the safety investment decisions. The case also refers to and encourages use of the IMA Statement of Ethical Professional Practice. Since the case blends managerial accounting and ethics, it is suitable for a number of managerial accounting and accounting ethics courses.

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