Financial Reporting Discussion:
Instructions are as followed:
"Read the following scenario, and use the information to help you answer the discussion questions that follow:
Scenario: You are a newly elected County Auditor. As part of your new position, you now control a 30 million dollar budget for the county. Before any claim can be submitted to the county commissioners for payment, it is your responsibility to review and approve the claim. In the first batch of claims you receive, there are expenditures for a Christmas Party given to employees of the Road Department.
The expenditures were not approved by you, but were approved by the previous auditor. Hence, the payment was authorized by the County Commissioners. Hint: Keep in mind that all county funds are taxpayer's dollars.
Based on the scenario above, what would you do? Ethically, do you feel you should abide by the approval? Would you just make the payment? Explain your reasoning."
Please use proper English.
Please provide the reference in APA format used on a reference page and please cite in APA format on which paragraph the information and or idea was used within the document.( Please cite these sources according to APA guidelines) In-text citation examples shown are for paraphrases and summaries (Author-Date pattern). When citing a direct quote, you will also need to include either a page number or paragraph number (Author-Date-# pattern). (Ex: In-Text Citation: (Webb & Jones, 2009)) (Ex: Reference: information a paper below. Web sites are cited differently. Webb, S. J., & Jones, E. J. H. (2009). Early identification of autism: Early characteristics, onset of symptoms, and diagnostic stability. Infants & Young Children, 22(2), 100-118.)).