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Unformatted text preview: Karen and Professor, I agree Annette is being dishonest in order to improve the chances for being approved. In addition, what would happen if the deal did not close? What would happen then is Annette in a hole without a shovel to dig, unless there are deals pending not mentioned. Now I think here is Annette representing a company just at a year in business, and already messing around with the figures to get more financing. WOW lets now think about the future of this business with her representing Harre Real Estate. One little white lie and getting away with it only opens up future possible white lies and here starts a very negative trend and grim outcome. Dawn T 1. Deferred expenses have _________. (Points: 4) not yet been recorded as expenses or paid been recorded as expenses and paid been incurred and paid not yet been recorded as expenses...
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- Fall '08