Question
1. In the Concepts and Questions discussion forum, respond to the following: a. Make an initial post regarding the Decision Ethics issue from page 222
1. In the Concepts and Questions discussion forum, respond to the following: a. Make an initial post regarding the Decision Ethics issue from page 222 of the textbook. As you consider this issue, keep the following scripture from Proverbs in mind. As part of your answer, thoughtfully explain how the verse helps guide our decision-making. i. The one whose walk is blameless is kept safe, but the one whose ways are perverse will fall into the pit. (Proverbs 28:18) (Page 222) Inventory Manager: Your compensation as inventory manager includes a bonus plan based on gross profit. Your superior asks your opinion on changing the inventory costing method from FIFO to LIFO. Since costs are expected to continue to rise, your superior predicts that LIFO would match higher current costs against sales, thereby lowering taxable income (and gross profit). What do you recommend?
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