The world’s Largest Sharp Brain Virtual Experts Marketplace Just a click Away
Levels Tought:
Elementary,Middle School,High School,College,University,PHD
| Teaching Since: | May 2017 |
| Last Sign in: | 401 Weeks Ago, 6 Days Ago |
| Questions Answered: | 66690 |
| Tutorials Posted: | 66688 |
MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Ethics and Time Pressure
James Bear, an accountant for Rosa Company, has made adjusting entries and is preparing the adjusted trial balance for the first six months of the year.
Financial statements must be delivered to the bank by 5 P.M. to support a critical loan agreement. By noon, Bear has been unable to balance the adjusted trial balance. The figures are off by $1,320, so he increases the balance of the owner’s Capital account by $1,320. He closes the accounts, prepares the statements, and sends them to the bank on time. Bear hopes that no one will notice the problem and believes that he can find the error and correct it by the end of next month. Are Bear’s actions ethical? Why or why not? Did he have other alternatives?
Hel-----------lo -----------Sir-----------/Ma-----------dam-----------Tha-----------nk -----------You----------- fo-----------r u-----------sin-----------g o-----------ur -----------web-----------sit-----------e a-----------nd -----------and----------- ac-----------qui-----------sit-----------ion----------- of----------- my----------- po-----------ste-----------d s-----------olu-----------tio-----------n.P-----------lea-----------se -----------pin-----------g m-----------e o-----------n c-----------hat----------- I -----------am -----------onl-----------ine----------- or----------- in-----------box----------- me----------- a -----------mes-----------sag-----------e I----------- wi-----------ll