Question
Which of the follows is not a potential solution management could implement to avoid ethical dilemma described in Chapter 2 case study, in which auditor
Which of the follows is not a potential solution management could implement to avoid ethical dilemma described in Chapter 2 case study, in which auditor Mark disagrees with management and audit director regarding inventory reserves and allowance for doubtful accounts?
Select one: a. The establishment of clearer accounting policies regarding inventory and AR estimates. b. Implement clear code of ethics regarding employees' responsibilities for communicating potentially inappropriate behavior or actions. c. Schedule future external audits before the internal audit and have the management communicate with audit director before and after each internal audit. d. Establish a financial disclosure committee responsible for addressing and resolving disputes or disagreements among management or between auditee and auditors.
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