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13 October, 18:33

M Company will report a net loss of $50,000 for the current year. The company's president has asked the Chief Financial Officer (CFO) to record an additional $75,000 of revenue at the end of the year without providing supporting documentation. What is the most ethical thing to do?

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  1. 13 October, 22:17
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    Answer: This is called Sharp practices in management

    Explanation: The CFO should report the issue to the board of directors so that they will be aware of the fraud practices of the Company president.
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Home » Social Studies » M Company will report a net loss of $50,000 for the current year. The company's president has asked the Chief Financial Officer (CFO) to record an additional $75,000 of revenue at the end of the year without providing supporting documentation.
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