Question

Sam, the chief accounting officer of texas fencing corporation, wants to be sure that all the company's accounts are legal and ethical. sometimes, however, he is unsure exactly what is legal and what is illegal. sam should​ ​not worry about what is legal or illegal as long as the corporate officers benefit in the short run. ​try his best to not do anything illegal and keep documentation showing that he always acts in good faith. ​not worry about what is legal or illegal as long as it benefits the shareholders. ​not worry about what is legal or illegal as long as it benefits the directors of the corporation.

Answer 1

Sam, being the Chief Accounting Officer of Texas Fencing Corporation, wants to ensure that all the company's accounts are legal and ethical. At times when he is unsure of what exactly is legal and illegal, he should try his best to not do anything illegal and keep documentation showing that he always acts in good faith. In this way, even in the case that he does make a mistake, he has proof that he always acts in good faith with the help of his proper documentation.