Read the attached case and then answer the following questions: Due: tonight by 10 PM CST

After five years of working at the Mountainview Country Club, Sandi Lane must decide which of several courses of action to take in response to financial improprieties committed by her supervisor and some co-workers. The Club's general partner has refused to act on Lane's concerns. Her supervisor's wife who also worked at the Club has just threatened Lane: "I'll see to it that you don't work here anymore!" As Controller of the Club, Lane was responsible for all aspects of the accounting functions -- but, with no staff. She handled payroll and tax preparation, human resources, budget and financial statement preparation, membership tracking, and cash flow forecasting. She spent much of her time at the Club trying to implement basic accounting procedures. Cash flows were precarious with one of the partners in the Club making expenditures of $20,000 and more without regard to budgets or cash availability. The food/beverage area had losses of $60,000 annually and inventory shrinkage in the Pro Shop was more than $100,000 each year. Something clearly seems amiss. Read the case in your coursepack and then answer the following questions: 1) Define "fiduciary duty" and describe how it should influence choices an emplyee makes with respect to their employer. Evaluate how this should influence Sandi Lane's actions. 2) Describe the work environment and other factors that contributed to Lane being threatened with the loss of her job and why that poses an ethical dilemma for her. 3) Identify individuals in the case who seem to have conflicts of interest and how those have affected the Club. 4) Evaluate the possible actions Lane can take after being threatened with loss of her job. 5) Identify and discuss the major stakeholders who will be impacted by Lane's decision. 6) What should Lane say if she reports her concerns up the chain of command to Robert Melton, the majority owner of the Club. 7) Recommend a course of action for Lane and desribe the ethical theories which are the basis for the recommendation. 8) Do you think that Lane's financial obligations influenced her actions? Have you ever faced a serious ethical dilemma that caused you to consider resigning from your job? 9) Define and describe why conflicts of interest and related parties of particular concern in the accounting environment and operations. Why should such situations be carefully scrutinized by auditors/accountants? 10) Describe what an accounting manager such as Lane should do when external auditors do not follow required auditing standards and the result is an inaccurate or inadequate audit opinion. 11) Should Lane report the external auditors to the state board? 12) Finally, define what it means to start down a slippery slope and discuss whether you believe Lane might have embarked upon such a path at the Club. Do you have any experiences that felt like a slippery slope to you?