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United Corporation just appointed Mr. Joseph Leung as the new CFO in December 20x1. In the same month, Mr. Leung decided to assign a higher

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United Corporation just appointed Mr. Joseph Leung as the new CFO in December 20x1. In the same month, Mr. Leung decided to assign a higher residual value to existing long term assets of which United Corporation has used straight-line depreciation method. Is Mr. Leung's decision an ethical violation? Please explain your

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