It is considered unethical to use the estimate for bad debts to purposely manipulate the amount of net income.

Question

Quizplus · Accepted Answer

Purposely manipulating the estimate for bad debts to alter the amount of net income is regarded as unethical. It's essential to provide accurate financial statements and avoid manipulating or misrepresenting financial data. Falsifying estimates, such as bad debts, misleads stakeholders and can result in significant penalties and legal problems.

It Is Considered Unethical to Use the Estimate for Bad