The controller for Lafayette Inc. recently commented, “If I have to disclose our segments individually, the only people who will gain are our competitors and the only people that will lose are our present stockholders.” Evaluate this comment.

Business/Professional Ethics Directors/Executives/Acct
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ISBN:9781337485913
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Chapter3: Ethical Behaviour- Philosophers Contributions
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The controller for Lafayette Inc. recently commented, “If I have to disclose our segments individually, the only people who will gain are our competitors and the only people that will lose are our present stockholders.” Evaluate this comment.

 

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