=+Peggy Carron is in the process ofreplacing a deck on her home and has requisitioned lumber for personal use, which has been approved in accordance with company policy. In computing the cost ofthe lumber, Peggy reviewed all the purchase invoices for the past year.

She then used the lowest price to compute the amount due the company for the lumber.

Discuss whether Peggy behaved in an ethical manner.

A10-2 Financial rs. managerial accounting