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7. Ken, a CPA, has recently been hired as the management accountant of Quick Tech Co., a large Canadian public company. When reviewing the former
7. Ken, a CPA, has recently been hired as the management accountant of Quick Tech Co., a large Canadian public company. When reviewing the former management accountant's work, Ken cannot find supporting documentation for budgets, costing, and other reports. He is worried that there is no support and that the reports are based on false information. Ken is especially concerned because the person he replaced still does consulting work for Quick Tech. Which one of the following actions is an alternative that Ken should consider taking? a) Inform the former management accountant of the concerns and ask for an explanation for the missing support. b) Inform the board of directors that the financial reports produced by the previous management accountant were false. c) Inform the securities commission of the concerns and ask for direction about how to conduct an investigation. d) Inform the provincial CPA association about the concerns with Quick Tech's former management accountant. Hide question 7 feedback
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