Taylor is a management accountant who worked for Morgan, the owner of a small accounting firm that prepared financial statements for several clients. One month Morgan directed Taylor to "forget" some accounts payable accruals so that Morgan's large consulting charge would not create a loss for the client. Taylor refused to do this and as a result was fired. Which statement best describes Taylor's actions in this situation? Select answer from the options below It is difficult to determine if any ethical code of conduct has been violated unless we know the dollar value (materiality) involved. Since Morgan, as the owner of the company, and the individual ultimately responsible for the reports, was the one violating the ethical code of credibility, Taylor should have followed orders. Because inadvertently missing accruals is an easy mistake to make, and happens frequently, Taylor was wrong in refusing to follow Morgan's directions. Taylor's actions were correct. If Morgan's orders had been followed, Taylor would have failed to fully disclose relevant information critical to providing accurate financial statements