Please answer the following questions:

1. What is the value of drawing on existing theory rather than attempting to start from scratch? How does the identification of boundary conditions help with theory building?
2. Briefly explain why business people with and without financial business reporting responsibility may differ in their recognition of financial misreporting as an ethical issue. The response focuses on what it is about financial reporting responsibility gained on the job or through education that may lead people to view situations differently than those who have not had this training or exposure.