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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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