FORUM DESCRIPTION E All chapter discussions are 'post-first' discussions. That means, you must create and submit your own response (post) before you are able to see discussion posts from other students. Click create thread to type your response. You cannot edit or delete your response after you submit. Your post should include 300 words and at least a 100 word response. On January 20, 2017, Tamira Nelson, the accountant for Picton Enterprises, is feeling pressure to complete the annual financial statements. The company president has said he needs up-to-date financial statements to share with the bank on January 21 at a dinner meeting that has been called to discuss Picton's obtaining loan financing for a special building project. Tamira knows that she will not be able to gather all the needed information in the next 24 hours to prepare the entire set of adjusting entries. Those entries must be posted before the financial statements accurately portray the company's performance and financial position for the fiscal period ended December 31, 2016. Tamira ultimately decides to estimate several expense accruals at the last minute. When deciding on estimates for the expenses, she uses low estimates because she does not want to make the financial statements look worse than they are. Tamira finishes the financial statements before the deadline and gives them to the president without mentioning that several account balances are estimates that she provided. Required 1. Identify several courses of action that Tamira could have taken instead of the one she took. 2. If you were in Tamira's situation, what would you have done? Briefly justify your response. Your post will be graded as follows: Grading Category 1. Addresses prompt(s) fully using standard English grammar and spelling. 2. Substantial response to one more classmate (do not just say "Nice post" or "I agree") using standard English grammar and spelling. A substantial response continues the discussion by: a. Asking a probing or clarifying question. Percent 80% 20% b. Comment on something specific in your classmate's post, connecting your comment to something you learned in the class or in the textbook. c. Suggest a different way to handle the issue TOTAL Need help with Blackboard? Review the Blackboard Student Guide, Discussion. 100%