Ethical issues are common and accounting seems to be at the root of these situations. For each scenario find a process to identify and evaluate the issues. Provide a reasonable response that addresses the ethical issue. Is it normal procedure, who benefits, who is harmed, what are possible approaches. what is the best approach.

1. Your boss asks you to review the amount in the uncollectible allowances. After reporting that the allowance seems more than adequate given the repayment history of the companys customers, your boss tells you to double the amount as they have heard the economy will take a hit and just "trying to be careful".