Questions: Assume Davis, Hodgins, Benson, 1itines and Olson are all CPAs. 1. How would you characterize the proposed accrual for unpaid bonuses and severance payments from an earnings management perspective (he sure to note what type of earnings management you think this is)? {4 marks) 2. Place yourself in Ben Davis' shoes and consider the following in deciding whether to support Hodgins's position on the accrual: [3 marks] a. Who are the stakeholders in this case? b. What are the accounting issues of concern to you? c. What are ethical issues of concern to you with respect to stakeholder interests? You may answer the above in one response rather than in three parts ifyou wish. 3. Assume you meet with Hodgins and he insu'ucts you in no uncertain terms to record the accrual. What would you do and why? Feel free to refer to the concepts in Virtue Ethics in your answer and also the professional ethical expectation required of a CPA. [5 marks)