Suppose you are an accountant for a large publicly traded company. You discover an error in the financial records that makes the company look more profitable. Your manager tells you to correct the error and reissue a financial statement for the stockholders. Which of the four ethical rules did the manager apply to this situation? Explain the reason for your answer.
What will be an ideal response?
The manager applied the practical rule, which states that an ethical decision is one that a manager has no hesitation or reluctance about communicating to people outside the company because the typical person in a society would think it is acceptable. The manager's decision was within the accepted values or standards that typically apply in business activity, and the manager was willing to communicate the decision to all people and groups affected by it.
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The __________ is the tangible formulation of the thought or idea sent to the receiver.
Fill in the blank(s) with the appropriate word(s).
The textbook cites the McDonald’s McAfrica sandwich as an example of a product failure to illustrate ______.
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The earliest American labor cases may be traced back to 1806
Indicate whether the statement is true or false