http://www.loc.gov/mods/v3 http://www.loc.gov/standards/mods/v3/mods-3-2.xsd
Companies’ responsibilities for safety are important social and environmental concerns. This fictional case—inspired by recent actual events—presents a capital investment intended to improve cruise ship safety. Both managerial accounting investment analyses and ethical recognition of responsibilities play necessary roles in the safety investment decisions. The case also refers to and encourages use of the IMA® Statement of Ethical Professional Practice. Since the case blends managerial accounting and ethics, it is suitable for a number of managerial accounting and accounting ethics courses.
Originally Published InStuebs, M., Edison, C., & Hurt, K. (2014). Sunk costs: What costs do you sea? IMA Education Case Journal, 7(3), Article 2.