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(TCO H) Henry is in charge of accounting for the purchase of equipment at Harvard Works, Inc. The company has a policy that all expenditures

(TCO H) Henry is in charge of accounting for the purchase of equipment at Harvard Works, Inc. The company has a policy that all expenditures greater than $1,000 must be capitalized. Henry is under pressure from his supervisor to minimize capital expenditures less than $1,000 to keep earnings as high as possible. Henry decides to take two separate expenditures: one for $600, and the other for $900. He groups them into one expenditure so that the capitalization rules apply. Henry's actions can be characterized as: (Points : 5)

lacking in moral sensitivity.

lacking in professional skepticism.

loyal to the company's best interests.

All of the above

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