Question
For full credit, you are required to post at least one response to the week's question (due before the response to classmates' posts) AND provide
For full credit, you are required to post at least one response to the week's question (due before the response to classmates' posts) AND provide two unique comments/questions to two different classmates' posts.
A full-credit initial post will be five sentences or more, contain correct grammar and spelling, and reflect your opinion along with a cite from an online source other than the textbook; late initial posts will receive a late deduction of 50%.
Responses to classmates need to be at least two sentences in length.
You are the controller for a pesticide manufacturer. The company's sales declined a great deal this year due to legislation passed that outlawed the sales of many of the company's products. The company will have environmentally safe and competitive products available next year, and sales are expected to greatly exceed the current year's sales.
The company president is concerned about the effect of the one year sales dip on the price of the company's stock and the potential of making the company a takeover target.
The president asks you to accrue every possible revenue and defer as many expenses as possible in order to maximize net income this year to keep the stock price stable.
Is the president's request ethical? What would your response be? Is your response ethical?
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