You just finished an important analysis, and you are feeling pretty good about yourself. You are buying rounds for the entire bar when suddenly you realize the answer to the question “why were those three months were in thousands of dollars rather than like all the remaining 24 months that were in the millions of dollars”. You dropped 000 from the numbers those 3 months. You inform your boss who says the CEO is about to present the information in your analysis to the Board of Directors. Your boss says, “leave it alone”.   Should you tell the CEO? What should you d

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter11: Long-term Assets
Section: Chapter Questions
Problem 4TP: Malone Industries has been in business for five years and has been very successful. In the past...
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You just finished an important analysis, and you are feeling pretty good about yourself. You are buying rounds for the entire bar when suddenly you realize the answer to the question “why were those three months were in thousands of dollars rather than like all the remaining 24 months that were in the millions of dollars”. You dropped 000 from the numbers those 3 months. You inform your boss who says the CEO is about to present the information in your analysis to the Board of Directors. Your boss says, “leave it alone”.

 

Should you tell the CEO? What should you do?

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