Hrom the four statements that follow, which are true? 1. Technical competence is not enough when encountering ethical decisions. 2. The pressures "to bend the rules," "to play the game," "to just ignore it" can be considerable. 3. Time, job, client, personal, and peer pressures do not complicate the process of ethical sensitivity and selection among alternatives. 4. The decision may be easier because there is no comprehensive ethical system to provide guidelines. 1, 2 , and 4 are true. 2 and 4 are true. 1,2,3, and 4 are all true. 1 and 2 are true. Which accounting assumption or principle is being violated if a company reports its corporate headquarter building at its fair value or the balance sheet? Historical cost Monetary unit Going concern Full disclosure If the LIFO inventory method was used last period, it should be used for the current and following periods because of verifiability. consistency. materiality. timeliness