In a recent survey of 122 public company managers with financial reporting experience, respondents were asked how morally right they believed earnings management to be. Managers responded on a scale of 1 to 8, where 1 = not morally right to 8 = morally right. The average response was 2.8, indicating that managers consider earnings management to be relatively immoral. Why do you think managers find earnings management to be relatively immoral? Use ethical reasoning to craft your answer.