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I recommend the suggestion of the boss to change to LIFO as it would result in tax savings for the firm. Yes, it does lead
I recommend the suggestion of the boss to change to LIFO as it would result in tax savings for the firm. Yes, it does lead to an ethical dilemma as LIFO would lower profits and consequently reduce my compensation. But, I would submit to the superordinate goal of increasing the profits of the firm.
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