I need help with the homework I need to read attached document and answer on questions 1 to 7:
1. List at least three alternatives available to Mike?
2. What are the pros or potential upside of each alternative you listed above?
3. What are the cons or potential downside of each alternative?
4. What are the implications of "eating time" for Mike, the firm, and others involved?
5. Alternatively, what are the implications if Mike decides not to follow Alex's advice and record the accurate time spent on the cash audit?
6. In your opinion, which of Mike's alternative courses of action would provide the best outcome and why?
7. How would you handle the ethical issues involved in this situation