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Questions 1. What role did cultural relativism and situational ethics play in the Olympus fraud? Explain. 2. Describe the shortcomings in corporate culture at Olympus?

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Questions 1. What role did cultural relativism and situational ethics play in the Olympus fraud? Explain. 2. Describe the shortcomings in corporate culture at Olympus? 3. Did Michael Woodford violate his ethical and/or legal responsibilities as CEO of Olympus? Use the U.S. model of cor potate governance to answer this question. 4. Compare the accounting techniques used by Olympus with those used by Earon. What was each designed to do? How did ench affect financial reporting? Does it seen the auditors of Olympers should have doie more to filly disclose these transactions

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