The conversation below gives us a message in a very subtle manner.do you think the business ethics are as equally important to be considered as factors of production llike land, capital , labor, etc? Explain from the perspective of the accounting managers, giving examples of the possible conflicts of interest that can lead them to overstate the financials

X: Did you just go on a big dinner cruise put on by one of our vendors

Y: Oh yes! it was great

X: Dont you know thats a conflict of interest?

Y: Conflict? what conflict.... It was a coincidence of interest - He wants our business, and I like to eat