On January 13, 2105, Tamira Nelson, the accountant for Pictron Enterprises, is feeling pressure to complete the annual financial statements.The company president says that she will need up-to-date financial statements to share with the bank on January 14. Tamira knows that in the next 24 hours, she will not be able to gather all the information together for accurate financial statements for December 31, 2014. The utility bill still hasn't arrived in the mail, payroll will be completed on January 15, and a few other things. Tamira decides to estimate several accrual expenses at the last minute. When deciding on estimates for the expenses, Tamira uses a low estimate because she doesn't want to make the financial statements look worse than they are. Tamira finishes the financial statements by the deadline and gives them to the president without mentioning that several account balances were estimated.

Identify several courses of action that Tamira could have taken instead of the one she took.