I need an explanation for this Accounting question to help me study.
Discussion Topic 1: Ethics
Read Ethics Case CT9.5 and address the following questions:
- Please define the word “ethics” and summarize what issues/ramifications might apply to this example.
- What are the consequences of telling the president of your gross miscalculation, both ethical and unethical?
- What are the consequences of not telling the president of your gross miscalculations, both ethical and unethical?
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