What factors might motivate Scott to be objective in his decision, despite his personal concern for his friend?
What will be an ideal response?
There are several factors present that encourage Scott to be impartial in his decision. However, the most
important factors are his personal integrity, his commitment to his firm, and his duty to the public. Scott
cannot allow himself to be influenced by his personal concern for his friend or his fear of losing a client. His
duty as an auditor is to protect the interests of the public. Failing to do so could result in serious negative
consequences, including possible litigation and loss of reputation, for himself and his audit firm. These
loyalties to the public and his firm should motivate Scott to remain completely objective in his decision.
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Answer the following statement true (T) or false (F)
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A) prospectus B) prospector C) debenture D) indenture
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Fill in the blank(s) with correct word