James Dodgsen Is a Student in a Graduate Course in Business

question 235

Multiple Choice

James Dodgsen is a student in a graduate course in business. The professor in the course has given Dodgsen and his classmates a surprise quiz in class. Dodgsen did not do the reading for class that day because he had been grading papers as part of his TA position. He has been prepared for every other class that semester. As he glances as the quiz questions, he realizes that he does not know any of the answers. However, he sees that Jane Frampton, the student who sits next to him, is well prepared and answering the questions with great ease. He can see her answers because of her large, block-style printing. Dodgsen copies her answers.

• A) Dodgsen is justified in using the answers because the pop quiz was unfair.
• B) Dodgsen is justified in using the answers because he was fulfilling his TA responsibilities instead of preparing for class.
• C) Dodgsen is justified in using the answers if he intends to read the material eventually.
• D)   Dodgsen has been dishonest.
• E) None of the above

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Definitions:

Operating Cycle

The average time period between the acquisition of materials for production and the receipt of cash from sales of the finished goods, critical for managing cash flow.

Current Liabilities

Financial obligations that a company is expected to pay within one year.

Liquidity

The ability to pay current obligations.

Liabilities

Financial obligations or debts that a company owes to external parties.