Marco is in charge or the general ledger and financial statements of a large manufacturing company. There is a big presentation to a majorlending institution on Friday morning. The financial statements must be completed and emailed to them by 5:00 Thursday night or the meeting will be canceled and the company will have to start fresh with another institution.

As planned, Marco does the final review at 4:45 p.m. and something does not look right. A pit forms in his stomach as he notices that the provision for bad debts was never updated! Marco immediately calls the accounts receivable manager who is out for the day; there is nobody in that department who can help. 


The vice president of finance has stressed that the company needs this infusion of cash, and the importance of the financial statements Is critical to the meeting? How would the concept of teleology guide Marco in this situation? What options should he consider?