lp3 assignment topic responses
Directions: Your answers to the following questions are considered formal responses and should be written in APA format with in-text citations and a reference page. Each response should be 200-350 words.You may include all responses in one paper but clearly separate and label your responses.
Re-read Focus on Practice Free Cash Flow at Cisco Systems. Answer the question posed in the article, â€œWhat are some possible ways that corporate accountants might be able to change their earnings to portray a more favorable earnings statement?
Read the Ethical Problem (P4-21). Answer the question posed in the problem.
The SEC is trying to get companies to notify the investment community more quickly when a â€œmaterial changeâ€ will affect their forthcoming financial results. In what sense might a financial manager be seen as â€œmore ethicalâ€ if he or she follows this directive and issues a press release indicating that sales will not be as high as previously anticipate?
Respond to the questions in the statement below:
How can a manager influence the budgeting process and ensuing budgetary numbers in unethical ways? Are there ways to identify and control this type of behavior?
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