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Please review the Ethics Case scenario on p. 836 in your text and answer the following questions.
- Who are the stakeholders in this situation? Should they be the preparers' main concern? Why? Why not?
- Was there anything unethical about the President's actions? Was there anything unethical about the controller's actions? Explain.
- Are the board members or anyone else likely to discover the misclassification? Explain.
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a) 8 presidents and 10 controls, because they were receiving the divededs.
b) yes there was unethical about the president actions
also there was unethical about the controls
c) yes. they would notice the misclassification
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