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Financial & Managerial Accounting 13th Edition by Carl Warren , James Reeve,Jonathan Duchac
Edition 13ISBN: 978-1285868776Financial & Managerial Accounting 13th Edition by Carl Warren , James Reeve,Jonathan Duchac
Edition 13ISBN: 978-1285868776 Exercise 2
Professional ethics
A fertilizer manufacturing company wants to relocate to Yellowstone County. A report from a fired researcher at the company indicates the company's product is releasing toxic by-products. The company suppressed that report. A later report commissioned by the company shows there is no problem with the fertilizer.
Should the company's chief executive officer reveal the content of the unfavorable report in discussions with Yellowstone County representatives? Discuss.
A fertilizer manufacturing company wants to relocate to Yellowstone County. A report from a fired researcher at the company indicates the company's product is releasing toxic by-products. The company suppressed that report. A later report commissioned by the company shows there is no problem with the fertilizer.
Should the company's chief executive officer reveal the content of the unfavorable report in discussions with Yellowstone County representatives? Discuss.
Explanation
Verified
Verified
Since the release of toxic by-product, can be harmful to the residents of , Chief Executive Officer, must discuss this point with the representative.
In case corrective action has already been taken, and it is ensured that no toxic by-product shall be released, this may not be discussed with the representative.
In case corrective action has already been taken, and it is ensured that no toxic by-product shall be released, this may not be discussed with the representative.
Financial & Managerial Accounting 13th Edition by Carl Warren , James Reeve,Jonathan Duchac
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