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Nitella [24]
3 years ago
13

Benjamin Franklin could best be described as __________.

English
1 answer:
neonofarm [45]3 years ago
5 0
I say it is enterprising.
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Question Completion:

see attached document for the case scenario.

Answer:

1. Facts and Accounting Related Issues to the Ethical Dilemma:

a. Helen Strom is being pressurized from senior management to recognize revenue in 2018 that should be rightfully recognized in 2019, contrary to IFRS 15 or ASC 606 (Revenue from contracts with customers).

b. The big boss seems to be concerned for his self-interest, instead of acting as an agent, in the best interest of his principal.  The pressure to increase the big boss's undeserved performance bonus to offset his personal gambling losses is not ethical.

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Ethical issues occur when some given decisions, scenarios, or activities create conflicts with accepted or established moral principles. As illustrated in this case, both individuals and businesses can be involved in ethical conflicts.  Any time an individual's or an entity's activities are put to question from an ethical standpoint, ethical dilemmas arise.  The best solution to ethical dilemmas is to act ethically by doing the right thing as dictated by one's profession.

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