In the Faulty Budget case, the primary ethical issue can be stated as:
A)Whether an accountant should admit to a mistake once he has discovered it
B)Whether an accountant should cover-up a mistake that has occurred
C)Whether an accountant should follow the advice of a friend in resolving an ethical dilemma
D)Whether an accountant should inform the external auditors about a problem with the budget

Question

Quizplus · Accepted Answer

The primary ethical issue is whether an accountant should admit to a mistake once it has been discovered, as this relates directly to honesty and integrity in financial reporting.

In the Faulty Budget Case, the Primary Ethical Issue Can