Saskatchewan Institute of Applied Science and TechnologyHEALTH SCE 123 Laura has been working in the accounting office of Pearson Physicians Group for five years

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Saskatchewan Institute of Applied Science and TechnologyHEALTH SCE 123

Laura has been working in the accounting office of Pearson Physicians Group for five years. She has always been a good worker and is known for her meticulous work ethic. Laura has received a written notice from the bank indicating that the? office's main bank account has been overdrawn. In just one? week, the overdraft charges have accumulated to? $375. Upon? investigation, she realizes that she deposited the last deposit into a subaccount rather than the main bank account. The money can be transferred to the correct bank? account, but a transfer requires the signature of the office manager. Laura is embarrassed about her mistake and is not sure how Kathy will react to the news. When she has a chance to meet with? Kathy, Laura places the transfer slip in front of Kathy and? says, ?"A mistake was made during the last deposit. I need you to sign this and? I'll take care of it from? here." Kathy inquires about the circumstances behind the? mistake, and Laura? explains, ?"I realized that money was deposited into a subaccount rather than the main account.? Don't worry; I have the situation under? control."

 

Kathy? responds, ?"How did you realize that the money was deposited into the wrong? account?" Laura realizes she must now reveal the entirety of the? situation, including the overdraft charges of? $375. Disappointed, Kathy asks? Laura, ?"How were you planning on accounting for the? $375 in overdraft? fees?" To? this, Laura? replies, ?"Oh, I? don't know. I guess the office will have to cover those charges.? I've never made a mistake like this before. There? isn't much that I can do? now."

 

1. Review the first boldface statement. Was? Laura's response to Kathy appropriate when she inquires as to the circumstances behind the? mistake?
2. Review the second boldface statement. Did Laura respond appropriately to Kathy when asked how she was planning on accounting for the? $375 overdraft? fee?