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College Accounting (Book Only): A ...

13th Edition
Scott + 1 other
ISBN: 9781337280570

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BuyFindarrow_forward

College Accounting (Book Only): A ...

13th Edition
Scott + 1 other
ISBN: 9781337280570
Textbook Problem

Marty is an accountant. Sometimes printouts of financial statements contain errors, making the financial statements unusable. Marty doesn’t like to waste anything, so he takes the unusable financial statements to his son’s day care center to use for drawing paper. Explain why you think this is or is not unethical behavior.

To determine

Discuss the ethical implications in the given situation.

Explanation

Financial statements: Financial statements are condensed summary of transactions communicated in the form of reports for the purpose of decision making.

Ethical implications: It is not unethical behavior on part of M to take the unused fi...

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