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Score: 0 of 1 pt 11 of 16 complete HW Scorer so TO Quest S13-11 (book/static) For each of the situations listed, Identify the primary
Score: 0 of 1 pt 11 of 16 complete HW Scorer so TO Quest S13-11 (book/static) For each of the situations listed, Identify the primary standard from the IMA Statement of Ethical Professional Practice that is violated competence, confidentiality, integrity, or credibility) b. Chrissy uses the Indirect method to prepare the statement of cash flows, even though her company has adopted International Financial Reporting Standards. She is unfamiliar with the steps required to produce a statement using the direct method Layne is an accountant at Black Squirrel Radio Group, Inc. She has helped to prepare the financial statements. She knows that the internal control over cash are weak, but she does not speak up because she feels that it is not her job. The statement of cash flows has never been Erik's strength, he struggled with it in school. This year, Erik cannot get the statement of cash flows to balance, so he decides to hide the amount that the statement is off by adding that difference to one of the items in the operating section Mark does not disclose to upper management that his sister is a partner in the accounting firm that the company is hiring for the audit Quinn is an accountant at Murphy & Swanson, Inc. Quin confides to a close friend that he is concerned about the future of Murphy & Swanson. Quinn explains that operating cash flows are negative this information is on the not yet released financial statements d. Ick to select your answer(s) and then click Check Answer. parts showing Clear All Check An MacBook
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